Flipkart to buyback employee stock options worth Rs 600 crore

Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources.

Earlier in the day, Flipkart announced raising USD 3.6 billion (about Rs 26,805.6 crore) in funding from a clutch of investors that valued the e-commerce major at USD 37.6 billion (about Rs 2.79 lakh crore).