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SWIGGY LIQUIDITY PROGRAMME
BrowserStack’s $125 million share buyback to create cash liquidity for 500 employees, early investorsBrowserStack will buy back $125 million worth of shares, offering liquidity to employees and early investors using its own profits. Nearly ...
SaaS firm Whatfix rolls out $58 million buyback programme for employees, investorsThis buyback is being done at a premium to its second-last funding round, where eight current and former executives sold their vested stock...
Big LTCG gains for startups staff holding Esop in secondary dealsThe reduction in long-term capital gains (LTCG) tax on unlisted securities announced in the Union budget stands to benefit startup staffers...
Swiggy announces $65 million ESOP programme for employees ahead of IPOAs part of the scheme, Swiggy employees across all levels and functions will have the opportunity to receive up to $65 million in liquidity...
Titan to buy CaratLane employees’ ESOPs for around Rs 350 croreThe company has around 1,700 employees, and its ESOP pool holds around 1.5% stake. Following the purchase of Sacheti’s 27.18% stake in Cara...
Byju’s, lenders agree to close $1.2 bn loan terms by Aug 3; Swiggy’s $50 million Esop buybackByju’s and its lenders have reached an agreement to lock in the new terms for the $1.2 billion term loan B by August 3, according to a stat...
Swiggy announces second tranche of $50 million optional Esop buyback at lowered valuationAbout 2,000 employees, including those who transitioned from Dineout after its acquisition by Swiggy, will be eligible for the second tranc...
BlackRock, Invesco mark down Byju’s, Swiggy holdings as tech valuations correctWhile BlackRock has slashed Byju’s valuation by nearly 50%, Invesco has cut Swiggy’s stake value by over 23%.
Esop plan: Swiggy employees to get liquidity of up to $23 millionOver 900 people will be eligible to participate in this round, while over 1,800 eligible employees can take part in the next round of Esop ...
Zomato CEO Deepinder Goyal donates Esops worth Rs 700 crore to Future FoundationGoyal said he plans to liquidate less than 10% of these stock options in the first year and the rest over the next few years.
Lok Sabha approves crypto tax; Rebel Foods announces $10M Esop liquidationThe Finance Bill 2022, which includes the new taxes on crypto assets, was passed in the Lok Sabha this evening.
PhonePe conducts Rs 135-crore ESOP buybackPhonePe, part of the Walmart-controlled Flipkart Group, has conducted ESOP buyback worth Rs 135 crore, but the company founders—Sameer Niga...
Swiggy announces $35-40 million liquidity programme for employee stock optionsThe programme is pegged at $35-40 million at Swiggy's $5.5 billion valuation following its $1.25 billion funding round in July, according t...
Udaan to buy back employee stocks worth Rs 165-175 croreUdaan joins a slew of companies such as Cred, Swiggy, Razorpay, Acko, Zerodha and Browserstack that have announced Esop buybacks in the pas...
Startups play Santa early for employees with a flurry of Esop buybacksEmployees — in some cases hit by pay cuts — got cash, and employers, a happy workplace as well as a retention tool in a job market that’s j...
Swiggy and Meesho offer their staff new Esops buyback optionSeveral companies including Flipkart, Urban Company, Unacademy, Moglix, Oyo, and Razorpay have gone in for stock buybacks in the recent pas...
Swiggy undertakes Esop liquidity worth about $7-9 millionFamily offices of leading industrial houses in India and a few HNIs are buying out these shares.
Flipkart delivers $100m Esops to a chosen fewEsop distribution took place as part of the company’s annual performance assessment programme.
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.
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.