Flipkart, a privately owned company headquartered in India, functions as a tier 1 media tech buyer. Founded in 2007, the company employs approximately 40,000 individuals. It operates as a digital commerce company, managing an e-commerce marketplace that offers various product categories.
Flipkart announced a 105% bonus multiplier for 2025, benefiting approximately 20,000 staff, a decision that follows about 300 layoffs and recent leadership changes. The Walmart-owned e-commerce company indicated this bonus payout reflects strong business performance and growth momentum. Chief Human Resources Officer Seema Nair internally communicated the decision, which applies to eligible employees at the Senior Director level and below, with disbursement expected in March. Earlier on March 21, Group Chief Financial Officer Sriram Venkataraman resigned from his position, a significant leadership change ahead of a potential initial public offering for Flipkart.
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