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UNACADEMY ESOP BUYBACK
UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...- Peak XV alum’s fund; Snabbit, Scapia funding; Upgrad-Unacademy dealHappy Monday! Former Peak XV Partners executives have launched a new early-stage venture fund. This and more in today’s ETtech Morning Disp...
- Ronnie Screwvala’s Upgrad to acquire Unacademy in all-stock dealHigher learning firm Upgrad will acquire Unacademy in an all-stock deal, according to the SoftBank-backed test prep company's founder Gaura...
- Unacademy rolls out Rs 50 crore Esop buyback; employees to receive big payoutsUnacademy has initiated a Rs 50 crore Esop buyback, founder Gaurav Munjal said, creating a cash pool for employees despite a lower valuatio...
- Adani buys minority stake in Cleartrip; the Meta transformation of FacebookAs the travel and hospitality industry is witnessing a post-pandemic revival, the Adani Group today announced that it is acquiring a signif...
- 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...
- Unacademy announces its biggest ESOP buyback worth $10.5 millionEdtech startup Unacademy has announced its biggest ESOPs buyback, its third so far, barely a month after it rolled out an industry-first te...
- Unacademy allocates $20 million to group firm Relevel"The fundraise comes within four months of the launch of Relevel, on the back of strong traction witnessed in user growth, hiring company p...
- 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...
- Unacademy to issue $40 million in stock options to teachers over next few yearsTypically, stock options or ESOPs are reserved for a company's permanent staff and is used as a tool to attract talent for fledgling startu...
- Startups have an Esops fable to tellAs valuations zoom and buybacks rise, more employees opt for stock options
- Whatfix unveils its first-ever Esop buyback schemeAll current and former employees will have the option to liquidate up to 35% of their vested Esops under the buyback.
- 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...
- Zetwerk buys back shares worth $8.3 million from employees, early investorsZetwerk 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...
- Software startup Browserstack completes first ESOP buybackBrowserstack's ESOP buyback comes at a time when several Indian startups — Zerodha, Meesho, CarDekho, Urban Company, BraratPe, FirstCry, Un...
- 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...
- PharmEasy is buying back Esops worth $3 millionIndia’s startup ecosystem has seen a slew of Esop buybacks, from companies like Swiggy, Meesho, Unacademy, and Zerodha
- 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.
- Unacademy plans to launch Rs 30 crore-ESOP buyback offerThe edutech space has seen strong growth globally with the COVID-19 pandemic serving as an inflection point, with rapid growth seen in the ...
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