Flipkart commenced a $700 million “one-time discretionary” cash payout to employees on Friday, the single-largest such compensation in the Indian startup ecosystem. The Walmart-backed Bengaluru-headquartered startup is compensating employees for the separation of fintech PhonePe from the e-commerce group. The two firms completed a full ownership separation late last year in a deal that was […]
Flipkart makes $700 million payout to employees following PhonePe split by Manish Singh originally published on Tec...