Connect with us

Latest News

Flipkart Brings Back ESOPs

Published

on

Flipkart Brings Back ESOPs,Startup Stories,Startup News India,2018 Latest Business News,Flipkart Latest News,Flipkart Esop Value,BuyBack of ESOPs,Walmart Flipkart Deal,Buying ESOPs,Indian Startup ecosystem,Flipkart Employees

Post the Walmart Inc., and Flipkart deal, a number of Flipkart’s former employees have given public statements saying they were treated unfairly post the deal. While current Flipkart employees are able to cash out all their holdings in the company over the next two years, former employees are only able to cash in around 30% of their total holdings in the Bengaluru based e commerce platform.

While SoftBank is still looking at keeping its investments in Flipkart post the deal, Flipkart seems to be gearing up for further developments post the Walmart Flipkart acquisition. According to reports, the email read, “Over 30% of the vested options can be liquidated on or about the date of the closing of the proposed transaction. The liquidation of options would be at a price reflective of the transaction price, in the range of $125-$129 per option.”

Flipkart is said to have kept aside around $ 500 million for what is regarded as the largest shares repurchase system in the Indian startup eco system. The repurchase will go through once the board of directors approves the proposal and confirms the deal with its stamp of approval.

According to the new deal, existing employees can also liquidate their stock options in three installments. The first installments. The first part  can be done on the date of the closing of the Walmart date, the second part, (25%) can be a year later; while the remaining can be done in the third year. The e commerce giant plans on closing the deals along with getting approvals for the regulations over the next 60 to 90 days.

With Walmart’s acquisiton of Flipkart, the Bengaluru based platform is all set to take on the global world. With the company working at ensuring fair treatment of former and existing companies, Flipkart is ready to emerge as one of the largest e commerce platforms the country has seen to date.

 

 

Continue Reading
Advertisement
1 Comment

1 Comment

  1. Heuqppkn

    May 25, 2025 at 10:09 am

    Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplayBonus offer.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Zoho Pay Debuts as India’s New UPI Challenger, Taking on PhonePe, Paytm, and Google Pay

Published

on

Zoho Payment

Zoho Corporation has expanded its fintech portfolio with the launch of Zoho Pay, a UPI-based payments app built to challenge India’s top digital payment giants such as PhonePe, Paytm, and Google Pay. The new app supports peer-to-peer transfers, bill payments, QR-based transactions, and merchant settlements in a streamlined interface. Available as both a standalone app and an integrated feature inside Zoho’s privacy-driven messenger Arattai, Zoho Pay enables users to handle chats and payments in one platform, emphasizing data privacy and Made-in-India innovation.​

Through seamless integration with Arattai, Zoho Pay allows users to send or request payments, split expenses, and conduct UPI-based transactions directly in their chat windows. Users can link bank accounts, scan dynamic QR codes, and receive audio confirmations of payments, ensuring speed and security. This design mirrors the simplicity of India’s leading UPI apps but is powered by Zoho’s non-advertising, privacy-first model. The integration aligns with Zoho’s mission to build a self-reliant digital ecosystem, where messaging and money management coexist securely.​

In the competitive digital payments market, Zoho Pay differentiates itself through its tight business software integration with apps like Zoho Books, Zoho Payroll, and Zoho Commerce, offering small businesses unified access to payments, billing, and accounting. The company is also expanding its reach with POS devices for merchants featuring UPI QR, card payments, and instant reconciliation tools. With founder Sridhar Vembu’s vision of a ‘Chat + Pay’ ecosystem, Zoho Pay reflects a bold step toward redefining India’s fintech scene with a secure, ad-free, and locally developed alternative to global payment platforms.

Continue Reading

Latest News

Meta Expands AI-Powered Reels Translation to Hindi and Portuguese, Enhancing Global Creator Reach

Published

on

Meta has expanded its AI-powered translation feature for Reels to include Hindi and Portuguese, joining English and Spanish in empowering creators to reach a broader global audience on Instagram and Facebook. Originally launched in August 2025 with support for English and Spanish, this update now allows creators to seamlessly translate and dub their short videos, breaking language barriers across some of the largest Reels markets worldwide. The AI technology mimics the creator’s voice tone and even offers lip-syncing to ensure the translated videos feel natural and engaging for viewers.​

This enhancement is especially significant for India, the largest market for Facebook and Instagram, where over 600 million people speak Hindi. Content creators who are not fluent in Hindi can now easily access this vast audience, increasing their reach and engagement across diverse linguistic groups. To maintain transparency, all translated Reels are clearly labeled with “Translated with Meta AI,” and viewers can choose to switch translations on or off based on their preference.​

In addition to voice dubbing, Meta is developing features to translate captions and text stickers on Reels, making content more accessible even without sound. These AI translation tools are available free for eligible public Instagram accounts and Facebook creator profiles with over 1,000 followers. This innovation reinforces Meta’s commitment to fostering cross-cultural content sharing and enhancing creators’ ability to connect with audiences around the world through short-form videos.

Continue Reading

Latest News

Dunzo’s Collapse: Reliance’s ₹1,645 Crore Loss Signals Challenges in India’s Hyperlocal Delivery Market

Published

on

Startup Stories

Reliance Industries has officially written off its $200 million investment in Dunzo, a once promising quick-commerce startup in India. Despite high-profile backing and the potential to disrupt the hyperlocal delivery sector, Dunzo faced insurmountable challenges including high operational costs, unsustainable cash burn, and stiff competition from larger players like Zepto and Blinkit. Reliance’s decision follows Dunzo’s operational suspension, leadership exits, and failed attempts at securing additional funding or acquisition partners, ultimately resulting in the company’s digital platforms going offline in early 2025.​

The downfall of Dunzo was accelerated by its inability to maintain a healthy balance between rapid expansion and revenue growth, with losses in FY23 reaching an alarming ₹1,800 crore. With monthly expenses crossing ₹100 crore and mounting pressure to scale, Dunzo resorted to layoffs and delayed payments before shutting down most services outside Bengaluru. Reliance’s significant stake, initially seen as a strategic advantage, ended up limiting the startup’s flexibility in making independent decisions during its final months.​

Reliance’s write-off sends a strong message to India’s startup ecosystem about the risks inherent in quick-commerce and hyperlocal delivery models. Investors are increasingly focused on sustainable growth, disciplined scaling, and profitability. For Reliance, lessons from Dunzo’s collapse are shaping future e-commerce strategies, driving greater emphasis on operational efficiency and prudent financial planning in an intensely competitive market.

Continue Reading
Advertisement

Recent Posts

Advertisement