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CLASSPLUS ESOPS
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 ...- Flipkart to buy back $50 million in employee stock; 7,500 staff may benefitFlipkart Esop buyback: Flipkart has completed a $50 million employee stock buyback, offering liquidity to around 7,000–7,500 staff at a tim...
- Elevation Capital raises Wakefit stake in run-up to IPO; buys Rs 32 crore employee sharesThe 203,426 shares bought by Elevation Capital at Rs 1,600 apiece were allotted to Wakefit employees under the company’s 2019 employee stoc...
- Darwinbox completes Rs 86-crore Esop buyback from 350 employeesDarwinbox, a SaaS HR platform, completed a Rs 86-crore ESOP buyback, its third in four years, benefiting over 350 employees. The company's ...
- Managed healthcare provider Even Healthcare to buy back Esop shares worth $500,000Every full-time employee will get paid for shares at the primary valuation without any discount. It serves over 200 B2B clients, including ...
- 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...
- Edtech startup Adda247 facilitates first ever Esop buybackGoogle-backed edtech startup Adda247, founder and chief executive Anil Nagar said that this employee stock ownership plan (Esop) buyback re...
- 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...
- Apple tops in blue-collar jobs; election merchandise now on ecommerceApple and its supplier network have become India’s leading blue-collar job creator since the start of the production-linked incentive schem...
- Pocket FM completes first ever Esop buyback worth $8.3 millionPocket FM completes $8.3 million Esop buyback for 800 employees, with 25% Esops vested in the first year. Recently raised $103 million from...
- Edtech startup Classplus named in cheating, forgery case by Abhinay MathsA first information report – also accusing Tiger Global-backed Classplus of forgery and fraud – was lodged at Delhi’s Hauz Khas Police Stat...
- Meesho kicks off Rs 200-crore Esop buybackBoth current and former employees can participate in the buyback programme, its largest to date. Meesho said it had conducted similar buyba...
- Community management app MyGate unveils Esop buybackMyGate is offering employees across roles and business verticals who have worked for more than four years the opportunity to cash out 20% o...
- Edtech startup Classplus unveils second Esop buyback, over 150 employees eligibleThis is Classplus’ second offer in three years to repurchase shares issued under its employee stock ownership plan (Esop). More than 150 em...
- Amid layoffs, clutch of edtech firms roll out hikes and ESOPSEdtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS, among others, are looking to reward employees through increments. Othe...
- Pay hike on the cards for edtech employees after an edgy 2022Edtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS among others are looking to reward employees through increments.
- Institutional investors oppose Esops; PharmEasy drops IPO, targets Ebitda breakevenThe stock option plans of listed startups such as Zomato and Paytm are facing opposition from institutional investors for a variety of reas...
- ETtech Deals Digest: Games24x7, Pine Labs, Finova, IndMoney, others raise fundsGaming platform Games24x7 has raised $75 million in a funding round that was led by Malabar Investment. Edtech startup Classplus, which hel...
- ETtech Deals Digest: The unicorn stampedeIndia minted another unicorn this week with edtech platform Vedantu becoming the 28th startup in 2021 to enter the coveted club of companie...
- Classplus completes ESOP buyback worth $1 millionClassplus will use the proceeds of the ESOP buyback to pay referral bonus to employees—an industry first, according to the company. Over 30...
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