Walmart Faces Former Flipkart Executives' Demand for Stock Liquidity
Former Flipkart executives, including ex-Myntra CEO Mukesh Bansal and former chief business officer Ankit Nagori, have written to Walmart chairman Gregory Penner and Flipkart CEO Kalyan Krishnamurthy. They requested liquidity for stock options granted 10 to 15 years ago, seeking a complete exit for all former employees holding vested options. This highlights ongoing internal pressures at Walmart regarding Flipkart's private status.
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