Nykaa makes Rs 7.17 crore Esop allotment ahead of Q4 resultsCompanies typically expand their Esop pool to attract and retain talent, align employee and shareholder interests, and enhance overall perf...
21 May, 2024, 08.02 PM IST
Smaller IPOs an alternative for shrinking VC exits: Blume reportAccording to a report from Blume, startups which are not seeing a lot of interest from growth investors, or hitting a growth ceiling and ‘f...
01 Mar, 2024, 11.30 PM IST
Data analytics firm Tredence announces second Esop buyback worth $30 millionThe buyback will include over 270 employees globally, the statement said, adding that eligible employees will participate in the repurchase...
09 Feb, 2023, 07.41 PM IST
Nearly $700 million cash payout in store for Flipkart employees after PhonePe hive offEmployees who hold stock options in Flipkart will be paid cash equal to the value of PhonePe within those holdings, as the digital payments...
24 Dec, 2022, 09.19 AM IST
Meesho undertakes third ESOP buyback worth $5.5 millionMeesho, a social commerce platform that’s looking to take on Amazon and Flipkart in India’s ecommerce space, has repurchased ESOPs worth $6...
29 Oct, 2021, 11.47 AM IST
UrbanClap facilitates ESOP sale worth Rs 18 croreThe ESOP sale marks the second such event by the firm in under two years — the previous one was in July 2017.
10 Dec, 2018, 09.07 AM IST
Few Flipkart employees to turn millionaires as Walmart to buy ESOPs worth $800 millionFlipkart has announced in a letter to current employees that they will be allowed to liquidate their employee stock ownership plans (ESOPs)...
20 Sep, 2018, 11.49 AM IST
Flipkart-Walmart deal a big boost for e-commerceThe deal was a shot in the arm for a sector that has been recovering from a period of turbulence that saw funding drying up, employees movi...
18 May, 2018, 06.28 AM IST
Flipkart's former employees can sell 30% of their Esops for $125-129As part of US retail giant Walmart’s $16 billion investment in Flipkart, large number of people associated with the ecommerce company are s...
14 May, 2018, 06.51 PM IST
Not all Flipkart employees happy with share buybackEven though the company’s employees were informed that they have the option of cashing out 100% of their vested stock options, there seems ...
11 May, 2018, 08.01 AM IST
Walmart’s acquisition of Flipkart rakes in $500m moolah for FlipstersFlipkart’s stock options are granted over a four-year period, with employees allowed to vest them every month after a one-year threshold.
10 May, 2018, 12.58 PM IST
Swiggy board approves Rs 27 cr employee stock repurchase programmeWith this, the food-tech startup has become one of the youngest internet startups in the country to make the offer.
09 May, 2018, 11.00 AM IST
Tiger Global Management benefits the most from Flipkart’s secondary share saleFlipkart had also recently organised an ESOP repurchase plan -- enabling its former and existing employees to sell their ESOPs and earn ove...
31 Jan, 2018, 12.55 AM IST
Here's how 2017 has been a roller coaster ride for Indian startupsThe year began and is ending on a high note for SoftBank, with its decision to invest in India through Vision Fund in January to sealing a ...
29 Dec, 2017, 10.24 AM IST
Flipkart completes its ESOP repurchase plan of over $100 millionMore than 3000 current and former employees of Flipkart, its fashion arms Myntra and Jabong and its payments arm PhonePe participated in th...
13 Dec, 2017, 03.27 PM IST
Flipkart will pay $85.2 per unit for employee stocksExisting employees have reportedly been allowed to sell 25% of their vested options, while former employees have been allowed to sell 10%.
04 Oct, 2017, 08.11 AM IST
Diwali bonus for Flipkart staff: Board approves $100 million ESOP repurchase planShare buyback plan marks the largest such programme for Indian startup and offers stakeholders the biggest opportunity to liquidate their h...
03 Oct, 2017, 06.32 AM IST