Tag: ESOP

50,000 employees subscribe to Capgemini’s ESOP

At least 50,000 employees from the 29 participating countries subscribed to Capgemini’s ninth annual employee stock ownership plan or ESOP. With an employee subscription...

Synaptic announces $1 mn ESOP buyback for employees

Synaptic, an alternative data insights company that provides actionable insights to global investment firms, has announced an ESOP buyback worth $1 million for its...

ESOPs worth $500,000 for Biz2Credit’s India team

Biz2Credit, the online marketplace for small business funding, has announced its employee stock ownership plan (ESOP) policy for its India workforce, allowing the employees...

Razorpay announces ESOP sale worth $75 Mn for its 650 former...

Razorpay, India’s payment and banking platform has announced its fourth and largest Employee Stock Ownership plan (ESOP) sale for its 650 existing and former...

Jaro Education announces second ESOP grant worth Rs 150 mn for...

Jaro Education, the edtech company that offers executive education to working professionals, has announced a second grant of employee stock option plan (ESOP) worth...

CoinSwitch completes its first ever ESOP buyback within 20 months

CoinSwitch, the Indian crypto unicorn has completed its first ever ESOP buyback worth $2.5 million in 20 months. In the two years since it...

CARS24 offers ESOP buy-back worth Rs 75 cr. to existing and...

For the fourth time in four years, CARS24, the Indian e-commerce platform for pre-owned vehicles, has announced its annual ESOP buyback worth Rs 75...

LEAD announces ESOP liquidation plan of $3 million for employees

LEAD, a school edtech company, has announced an ESOP liquidation plan of close to $3 million for its employees. About 20 per cent of...

Bizongo and Axio complete ESOP buyback programmes for staff

Bizongo, the B2B e-commerce and supply chain enablement platform has completed its first Employee Stock Ownership Plan (ESOP) monetisation programme worth $3.7 million. Although...

TheMathCompany rolls out ESOP buy-back programme for employees valued at Rs...

Global data analytics and engineering firm, TheMathCompany recently announced its ESOP buy-back programme for its employees. The buy-back is worth Rs. 93.2 crores, and...

FarEye announces second ESOP buyback programme for its employees

SaaS platform provider in the logistics space, FarEye has announced liquidation for Employee Stock Ownership Plan (ESOP) holders. The ESOPs buyback is worth $1.22...

Grip concludes first ESOP buyback round

Grip, a digital platform for new-age investments, has concluded the employees’ stock ownership plan (ESOP) buyback. The startup rolled out the ESOP buyback within...

Ninjacart announces ESOP buyback worth 100 crore for staff

Ninjacart, an agriculture supply-chain platform, has announced employee stock options plan (ESOP) buyback plan for its employees, which is worth Rs 100 crore. Both...

Sciative rolls out ESOPs for team members

Sciative, the pricing company offering AI-powered automated price optimisation systems, recently rolled out employee stock options (ESOPs) for its employees. Interestingly, the average age...

Licious offers ‘everyday vesting, anytime liquidation’ ESOPs to staff

Licious, the Indian D2C unicorn is offering unique ESOPs to its present and former employees or Licians as they are referred to. Come January...

Swiggy plans ESOP liquidity events over 2 years

After receiving funding of $1.25 billion, led by SoftBank Vision and Swiggy’s existing investor, Prosus, the board has decided to come up with a...

MobiKwik to offer ESOPs to deserving employees

As per the Draft Red Herring Prospectus (DRHP) filed by MobiKwik, the Indian mobile wallet will reward its deserving employees with ESOPs, on public...

Paytm to double ESOP pool from 24 mn to 61mn equity...

Earlier, 166 employees of Paytm, including existing and former staff members, had converted their employee stock options to shares. With shareholders approving the expansion...

BasicFirst announces ‘Teachers Stock Options’

To celeberate Teachers Day, BasicFirst, the Indian edtech company has decided to announce ESOPs or employee stock options, for its full-time as well as...

Stanza Living announces ESOPs for 800+ employees

Stanza Living, the Indian managed accommodation company, has announced ESOPs for it workforce, covering over 800employees across its network. The move is aimed at...

Equity buyback worth Rs 90 cr for HealthifyMe team members

Having recently raised millions of dollars in funds, HealthifyMe, the AI health and fitness app, has now announced an ESOP and equity buyback programme...

Paytm to help staff convert ESOPs into shares

Paytm is preparing to help employees convert their employee stock options (ESOPs) into shares before it launches its IPO this year. The digital payments...

600+ employees to benefit from Licious’ first ESOP buyback plan

Licious, the Indian meat and sea food brand has, for the first time, opened the option of employee stock options monetisation. This will benefit...

Locus assigns $4 million for ESOP buyback

Locus, a platform that automates supply chain decisions, has announced that it has set aside $4 million for its ESOP buyback. All employees, whether...

Work-from-office thrice a week for Flipkart staff

Come December, employees of Indian e-commerce firm, Flipkart, will return to office for three days a week. By then, the Company hopes to achieve...

Infosys expands its ESOP programme to benefit lower-level staff too

Infosys, the Indian IT major, is planning to extend the Employee Stock Options Programme (ESOP) to a larger number of employees, including those in...

Google employees  protest against mass layoffs

Google, the tech giant, recently fired approximately 12,000 employees in January, which resulted in protests from workers in both the US coasts. The workers...

Latest

‘Revise wages periodically in public interest’: SC to public employers

According to the Supreme Court, State and public employers are obliged to revise wages for their employees periodically, considering the adverse effects of price...

3% of global workforce laid off from Workday

Workday Inc., a provider of business software solutions, has announced that it will be cutting 3% of its worldwide workforce due to the current...

15,000 outsourced workers strike in Karnataka for job security & direct pay

Approximately 15,000 outsourced workers in Karnataka, mainly consisting of sanitation workers, will go on strike starting February 01.  The workers are demanding direct payment and...

Intel implements pay cuts; CEO to take 25% cut

It hasn’t been long since Intel announced the layoff of about 340 people in California. And now, it is reportedly resorting to pay cuts....

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...