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Flipkart to compensate stock-owning employees

Flipkart to compensate stock-owning employees

Thursday, April 13, 2017, 6:55 PM

Flipkart has told employees that it will issue differential stock options to all eligible employees under its stock option plan to protect them from the share price drop following its latest fund raise. The mammoth $1.4-billion fund raise valued the company at $11.6 billion, down sharply from the $15.2 billion at which the e-tailer was valued in the previous fund raise in 2015.
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