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The exits come soon after Flipkart said it will buy back employee stock options (ESOP) worth about $700 million from employees as a part of its move to separate full ownership of payments and financial services unicorn PhonePe, in a move to retain talent
The senior executives will be leaving Flipkart after serving for at least eight years each.
Flipkart has shared plans of entering the at-home service market as it has started offering AC cleaning and repair services to consumers.
EKart will offer supply chain management solutions including dropship inventory and management to brands, platforms, and businesses
Aditya Birla Fashion's house of brands business will acquire 8-10 brands primarily over the next year, MD Ashish Dikshit told Inc42