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Data AI firm Tredence announces ESOP buyback worth ₹240 cr, 270 workers to benefit

Data science and AI solutions company Tredence on Thursday announced its largest ESOP (employee sto…

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1 min read

PhonePe will buy back shares worth ₹135 crore from its employees

The buyback offer follows a three-tier model, based on seniority, a statement said. The compa…

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4 mins read

Explained: What accepting ESOPs, especially if joining a start-up, might entail

However, the world of ESOPs may not all be as rosy as it seems at first glance. ESOPs work in a cer…

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5 mins read

What you need to know when you exercise your stock option plan

A few days ago, Infosys offered 5.11 lakh shares to its employees under Employee Stock Ownership Pl…

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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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Razorpay set to buyback ESOPs worth $10 million – investors Sequoia and GIC will be the buyers

Indian fintech unicorn Razorpay has announced an ESOP (employee stock ownership plan) buyback worth…

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Sharechat employees will make $19 million out of the latest ESOP plan, as growth spikes in the absence of TikTok

Mohalla Tech, the parent company of vernacular social media platform ShareChat and short video app …

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Business communication platform Gupshup raises $240 million, to buyback ESOPs

Messaging platform Gupshup, which became a unicorn earlier in April 2021, has raised an additional …

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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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3 mins read

NASSCOM says Budget 2021 should ensure ESOPs are taxed only when shares are sold

When India’s Finance Minister Nirmala Sitharaman announced tax relaxations for Employee Stock Owner…

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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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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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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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Ola launches new e-scooter S1 Air, starting at ₹84,999

EV manufacturer Ola Electric on Thursday launched its much-anticipated Ola S1 Air e-scooter, which …

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Zerodha doubles its valuation to $2 billion within a year as millennials plough India’s stock markets

Discount broker Zerodha has doubled its valuation to $2 billion within a year as India’s millennial…

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Pine Labs raises another $50 million ahead of its IPO

Digital payments and financial service provider Pine Labs has raised another $50 million funding, a…

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Elon Musk run firm Starlink that will provide affordable internet services to rural India is on a hiring mode

Starlink, which will deliver low-latency broadband internet in India, is looking for a Director …

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1 min read

Kunal Shah's CRED raises $215 million to be India's latest unicorn with a valuation of $2.2 billion

New investor Falcon Edge Capital and existing investor Coatue Management led this round, while I…

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Netflix launches 'Fast Laughs' for mobile users to take on Instagram Reels and TikTok

Leading video streaming platform Netflix has launched a TikTok-rival called Fast Laughs that gives …

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India records 17,497 new COVID-19 infections in last 24 hours

A total of 17,407 infections were reported in a day. The death toll increased to 1,57,435 with 8…

PTI