Page 3 - Esops

Logistics SaaS startup FarEye announces second ESOP buyback programme

Aimed at rewarding and recognizing employees' dedication and hard work in driving FarEye's growth over the last year, this is the company's second buyback and largest to date.

Chennai-based agri-commerce firm WayCool lines up Rs 250 crore ESOP

Scheme to cover all 1,500 employees; firm plans to expand its presence to geographies like Middle East as part of its roadmap to become a unicorn by 2025

Over 500 employees, ex-staff of IPO-bound OYO buy around 30 mn shares

OYO had offered deeply discounted ESOPs to both current and former employees when the impact of COVID-19 led to pay cuts and furloughs

Online used cars seller Spinny finishes ESOP buyback worth $12 mn

The unicorn raised $283 million in a Series E funding round from new and existing investors earlier this month.

Honasa, parent company of Mamearth and The Derma, offers ESOPs to all staff

Has distributed stocks worth Rs 20 cr in addition to ESOPs allocated earluer. The stock-based value creation will be a top-up component over and beyond the employee CTC

Urban Company's valuation rises to $2.8 billion in 4th ESOP sale programme

The ESOPs sold in this transaction have largely been purchased by existing institutional investors of the company.

Simplilearn completes first ever ESOP buyback worth Rs 48.74 crore

The buyback was undertaken as part of the recent investment by Blackstone earlier this year

Simplilearn completes maiden ESOP buyback worth Rs 48.7 crore

The buyback was completed earlier this month. The company has over 1,600 people

Start-up pay cheques, ESOPs are creating a new breed of angel investors

These high-earning start-up executives generally invest cheque sizes of Rs 2-5 lakh and are drawn to companies in the seed stage

Vedantu announces buyback of ESOPs worth $3 mn for eligible employees

Founders will not participate in buyback

Licious starts 'everyday vesting, anytime liquidation' ESOP for employees

Employees can liquidate the ESOPs anytime without terms and conditions, said the meat and seafood company.

Meesho announces 'ESOP for all' with its latest MeeSOP programme for staff

The SoftBank-backed internet commerce platform is enabling all employees to own company shares and participate in the growth story

Meesho announces second ESOP programme worth $5.5 mn in less than a year

Firm has grown 2.8x in terms of monthly transacting users and a 2.5x by orders over past six months; now aims to reach 100 mn users and over 50 mn products by December 2022

E-commerce firm Meesho announces $5.5 mn ESOP liquidation programme

In November last year, the company had announced a $5 million ESOP dilution programme

Zee-Invesco row ended deal talks; no hostile takeover plans: RIL

The war of words between Invesco and ZEEL shows that minority shareholders were not in the loop about the acquisition talks till Tuesday

Swiggy announces two liquidity events over 2 years for employees with ESOPs

The entire exercise is expected to be worth $35-40 million at the company's current valuation

Paytm founder could see his stake go up by 2-4% in parent firm ahead of IPO

In August this year, the company had doubled its ESOPs pool from 24,094,280 to 61,094,280, this was approved by shareholders earlier this month

MobiKwik IPO creates Rs 300-crore windfall for its 470 employees

Fintech major MobiKwik, which has filed its draft red herring prospectus (DRHP), on Tuesday said the listing should provide a bountiful rewards to its employees through the ESOPs issued to them. The company, under its ESOP 2014 Scheme, has reserved 4.5 million equity shares for creating a pool of ESOPs for the benefit of the eligible employees. MobiKwik Chairperson, co-founder and COO Upasana Taku said the number of equity shares that would arise from the full exercise of options granted implies 7 per cent of the fully diluted outstanding shares. "This 7 per cent compares to less than 2 per cent holding for most other internet companies that are coming up for listing... Over the last decade, MobiKwik has grown on the strength of its employees to become a leading fintech player in India. As we cement our presence and leadership further, we wanted to acknowledge and reward our employees for their efforts," she added. The Gurgaon-based company - which has about 470 employees - had fil

Taking steps towards building more diverse organisation: Grofers

The company has over 2,000 employees

Paytm IPO: Employees get time till Sep 22 to convert ESOPs into shares

Paytm has given time till September 22 to its employees to decide on converting their stock options ahead of the company's Rs 16,600 crore-IPO planned to be launched in October