Unacademy has initiated a Rs 50 crore Esop buyback, founder Gaurav Munjal said, creating a cash pool for employees despite a lower valuatio...

In an internal email to employees, cofounder and CEO Gaurav Munjal said Unacademy sharply reduced cash burn in its test prep business in ca...

Happy Friday! Snowflake CEO Sridhar Ramaswamy spoke with ET about the impending overhaul of online search due to AI. This and more in today...

The discussions stalled due to differing valuation expectations between the two sides. “The deal talks were officially called off today. Th...

Per the reinstated policy, former employees now have up to 10 years to purchase the stock options earned during their tenure. The test prep...

Happy Monday! Beyond the fast-growing UPI, other payment methods in India see stagnation. This and more in today's ETtech Morning Dispatch.

Earlier, departing employees had up to 10 years to exercise the stock options they earned during their tenure. However, the Bengaluru-based...

In the financial year ending FY21, Eruditus had reported a cash loss of $31 million, filings reviewed by ET showed. The Mumbai-based edtech...

Meesho, a social commerce platform that’s looking to take on Amazon and Flipkart in India’s ecommerce space, has repurchased ESOPs worth $6...

Edtech startup Unacademy has announced its biggest ESOPs buyback, its third so far, barely a month after it rolled out an industry-first te...

"The fundraise comes within four months of the launch of Relevel, on the back of strong traction witnessed in user growth, hiring company p...

Typically, stock options or ESOPs are reserved for a company's permanent staff and is used as a tool to attract talent for fledgling startu...

As valuations zoom and buybacks rise, more employees opt for stock options

All current and former employees will have the option to liquidate up to 35% of their vested Esops under the buyback.

Zetwerk said it has seen strong growth in its business in the last two years, and has grown its employee base from 250 to 400 in the last 1...

India’s startup ecosystem has seen a slew of Esop buybacks, from companies like Swiggy, Meesho, Unacademy, and Zerodha

Several companies including Flipkart, Urban Company, Unacademy, Moglix, Oyo, and Razorpay have gone in for stock buybacks in the recent pas...