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Google-backed Adda247 grants ESOPs worth ₹150 crore to employees

Google-backed government job preparation platform Adda247 on Monday said it has granted stock optio…

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2 mins read

FarEye is the latest to buy back shares from employees — to liquidate ESOPs worth over ₹5 crore

Indian logistics platform FarEye is the latest to dole out rewards for employees by announcing a li…

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2 mins read

Facebook-backed Meesho is the latest to roll out an ESOP buyback plan worth $5 million

Facebook-backed social e-commerce platform Meesho has rolled out an Employee Stock Ownership Plan (…

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2 mins read

Sharechat’s ESOP pool hits $35 million as company allots $14 million to employees

Indian social media platform Sharechat has announced that it has added $14 million to its ESOP (emp…

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2 mins read

Vijay Shekhar Sharma gets nearly half of new shares as Paytm doubles its ESOP pool ahead of IPO

Paytm’s founder and chief executive officer Vijay Shekhar Sharma has been allocated additional stoc…

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Meesho lays off 251 employees to 'achieve sustained profitability'

Meesho, a social commerce platform based in India, has laid off 15% of its workforce – 251 employee…

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2 mins read

Unacademy announces ESOP buyback worth nearly ₹30 crore for its employees

India’s latest edtech unicorn Unacademy has announced ESOP (Employee Stock Ownership Plan) buyback …

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4 mins read

India budget expectations: Reform in ESOP taxes, allocations needed to address skill gaps

Over the next few years, the biggest challenge for companies in India will be not lack of capital, …

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2 mins read

Kunal Shah’s CRED buys back shares worth $1.2 million from its employees

Indian fintech startup CRED, an app that helps you pay and manage your credit card bills in exchang…

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2 mins read

Urban Company has $5 million ESOPs up for sale as its long time backer Vy Capital is set to buy more stake

Home services startup Urban Company has announced its third ESOP (Employee Stock Ownership Plan) sa…

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3 mins read

Early-stage startups keen on hiring for mid and junior roles: FICCI-Randstad survey

A survey by industry body FICCI and HR services firm Randstad India says that early-stage startups …

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2 mins read

OYO founder Ritesh Agarwal announces ESOPs worth ₹130 crore for furloughed employees

Indian hospitality unicorn OYO has allotted ESOPs (employee stock ownership plan) worth ₹130 crore …

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2 mins read

Budget expectations: Startups seek 10-yr tax holiday, less holding period of ESOP shares

Indian startup founders on Monday said that to explore a comprehensive digital India, the Union Bud…

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Indian startup founders celebrate Paytm’s success as company posts first operating profit

Paytm said its revenue from operations rose 42% year-on-year to ₹2,062 crore in the October-Dece…

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1 min read

Startups get extended tax holiday, a new one-person company rule, but the ESOPs tax remains as it is

The threshold defining small companies expanded in a big way.Innovators can now also form one-perso…

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3 mins read

Swiggy co-founder says over-hiring a mistake as he fires 380 employees

Swiggy is a foodtech startup that is firing 380 employees as part of a restructuring exercise. The …

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1 min read

In a first after Budget 2020, CarDekho announces ESOP sale worth $3.2 mn for its employees

Indian car marketplace startup CarDekho has offered its employees the option to sell their stock in…

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1 min read

Fintech unicorn CRED to acquire SaaS startup CreditVidya

CRED said that it will acquire SaaS startup CreditVidya in a stock-and-cash deal. The two organisa…

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3 mins read

There are serious flaws in Budget 2020's ESOP gift for startups

The Indian startup ecosystem welcomed the government’s decision to give a five-year tax holiday on …

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2 mins read

Ola expands ESOP pool to ₹3,000 crore, issues stock worth ₹400 crore to employees

Ride hailing giant Ola has expanded its employee stock option plan (ESOP) pool to ₹3,000 crore. It …