Tag: ESOP

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...

Udaan will buy back employee stocks worth Rs 165-175 crore

Udaan, the Bengaluru-based online business-to-business (B2B) marketplace, has launched a liquidity programme for its staff as a reward for their hard work. The Company...

Balaji Telefilms employees granted over 14,00,000 stock options

Balaji Telefilms, a leading Indian entertainment content provider of India, granted 14,00,000 stock options under ESOP 2017 to its eligible employees, to reward them...

CRED buys back shares worth Rs 9 crore from staff

CRED, the credit card payment app, has managed to raise $81 million in a Series C round. As part of the process, the Bengaluru-based...

Wakefit.co offers Rs 15 crore share buy-back plan to staff

Wakefit.co has raised Rs 185 crore in Series B funding, led by European investment firm Verlinvest and Sequoia Capital India, which had earlier invested...

Meesho to buy back shares worth Rs 37 Crore from staff

Social e-commerce platform, Meesho, has announced a share buy back scheme for its employees. The Employee Stock Ownership Plan (ESOP) is worth about Rs...

Swiggy once again offers ESOP liquidity scheme to employees

Swiggy, which was forced to lay off its employees in May and July this year, due to the pandemic-induced lockdown and slump, is now...

Yet another ESOP for Capgemini staff

French multinational information technology company, Capgemini, has rolled out its seventh employee stock ownership plan (ESOP). The last ESOP was offered in 2019, and...

Air India staff will get 3% shares post disinvestment

Having decided to exit Air India completely, the Government has announced the sale of 100 per cent stake in the airline. Bids have been...

ESOP worth over Rs 200 crore for over 800 Zerodha employees

Zerodha, the Indian financial services company, has offered 77 per cent of its staff— which is about 850 of its 1100 strong workforce— an...

Flipkart employees are richer now

All existing and former employees of Flipkart and group companies were given the opportunity to sell a part of their ESOP units to the Company

Flipkart staff to benefit from $100 million ESOP repurchase plan

The share buyback plan could be the largest such programme till date in the Indian start-up sector.

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

Latest

500 students bag retail jobs at fair organised by Retailers Association of India

The job fair organised by Retailers Association of India (RAI) in association with the Indira Gandhi National Open University (IGNOU) saw more than 500...

Treebo appoints Purvaja Prabhakar as head of people & culture

Treebo Hotels, the Indian chain of budget hotels, has appointed Purvaja Prabhakar as its head of people & culture. Prabhakar, who comes with over 13...

Pay salaries on 5th of the month: HC tells KSRTC

On 21 June, the Kerala High Court ordered that the salaries of the employees of the Kerala State Road Transport Corporation (KSRTC) should be...

Amazon’s robots to make work safer and easier for its employees

Amazon’s robots to make work safer and easier for its employees Proteus and Cardinal are two robots that are taking over some of the manual...

DIALOGUE

“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...

“A CEO needs to acknowledge the silent majority who create the company’s fortunes” S...

Q. RPG is a diversified group with businesses spread across sectors and domains. however, its brands have a strong individual identity unlike other business...