Flipkart has initiated its second employee stock option plan (ESOP) liquidity event in two years, permitting eligible staff to encash up to 5% of their vested shares.
The move provides a rare exit window for employees of the Walmart-owned e-commerce giant while the company continues preparations for a potential initial public offering in India.
The liquidity event serves as a tangible signal of management confidence in the company's current valuation.
By allowing employees to monetize a portion of their holdings, Flipkart aims to retain key talent and align incentives ahead of a public listing.
This is the second such event since the company's restructuring, following a similar program launched in 2024.
The timing coincides with a broader thaw in India's initial public offering market.