Offering employees an opportunity to create wealth, AiDash has launched its first Employee Stock Ownership Plan (ESOP) buyback plan.
The enterprise SaaS company— that makes critical infrastructure industries climate resilient and sustainable with satellites and AI—recently managed to raise $91.5 million in a Series C funding round. The funds will be used to scale AiDash’s products and expand its talent pool.
The ESOP buyback plan will allow all current members of the workforce who have completed three years in service, to encash their vested shares.
Abhishek Singh, founder and CEO, AiDash, acknowledges how the team members have contributed to the growth of the company with their hard work. According to Singh,“We have always been an employee-centric company that believes in giving a strong sense of ownership.”
Rahul Saxena, co-founder and CPTO, AiDash, shares the same sentiment when he says, “ “Our employees are the driving force behind our success and this buyback underscores our commitment to rewarding our team and nurturing a culture of growth within the organisation.”
Recently, AiDash, appointed Satyajit as director-people operations. Satyajit was earlier director-HR, at healthcare platform, Tata 1mg.
AiDash’s full-stack SaaS solutions help customers in electric, gas and water utilities, transportation, and construction to transform asset inspection and maintenance, even while complying with biodiversity net gain mandates and carbon capture goals. AiDash helps its clients to reduce costs, improve reliability and achieve sustainability goals.
