Synopsis
Former executives asked Flipkart parent Walmart to delink their liquidity from the Bengaluru-based ecommerce company’s proposed initial public offering, according to people aware of the development. They raised the demand in a fresh email sent earlier this week to the US retail major’s board, the people said.
Former Flipkart executives renewed their push for a buyout of their vested employee stock options (Esops) by the company.They asked Flipkart parent Walmart to delink their liquidity from the Bengaluru-based ecommerce company’s proposed initial public offering (IPO), according to people aware of the development. They raised the demand in a fresh email sent earlier this week to the US retail major’s board, the people said.These ex-employees cited
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