Hospitality major OYO has expanded its Employee Stock Option Plan (ESOP) pool by 41 per cent with the addition of another 20 crore shares
An additional 40 current and former employees of Paytm have converted their ESOP grants to shares for monetising them in its upcoming Rs 16,600 crore IPO, the digital payments firm said
Fintech firm Cred on Wednesday said it will offer an 'Accelerated Wealth Programme' to its staff in addition to ESOPs and grants to create another avenue for its team to build wealth
Extend holding period so that you pay tax on long-term capital gains as it will reduce the outgo
IPO-bound Paytm has one of the largest ESOP pools in the startup ecosystem, and has given out ESOPs as rewards and benefits to employees, who have contributed to the growth of the company
Khatabook on Tuesday said it has raised USD 100 million in funding round, led by Tribe Capital and Moore Strategic Ventures (MSV) that valued the fintech company at close to USD 600 million
The development comes close on the heels of a $75 million (about Rs 559.6 crore) fund raise by the company from investors including LeapFrog and Khosla Ventures
The programme is designed to enable wealth creation opportunities for over 600 employees
ESOP to cover 15,000 staff for all grades including workmen, junior, middle, senior management and business leadership
The startup is backed by Berkshire Hathaway Inc. and Jack Ma's Ant
The initiative by the SoftBank-backed mobility firm is aimed at long term meaningful wealth creation in the run up to IPO.
The company says it has expanded ESOP pool by $10 million to include more than 300 employees under the programme
Several resolutions on stock option grant see overwhelming 'against' votes by institutional investors
Digital adoption solutions provider Whatfix on Tuesday said it has implemented its maiden employee stock ownership plan (ESOP) buyback of $4.3 million
New norms for independent directors need strict monitoring
Grofers on Monday said it will offer a 33 per cent hike in salary to its tech team effective July, along with a "hefty ESOP allocation" as the online grocery delivery platform looks to retain staff and woo more tech talent. The SoftBank-backed company, which plans to launch an initial public offering (IPO), also hinted that it has secured a new funding round. "After coming out of the second wave, and at a point where our next funding round is secure, I think it is time to kickstart a lot of initiatives that I have been waiting for the right time to begin. "We have done well so far, but we need to do better. And in hindsight, one of the most important things we could have done in the past in order to do way better is focus and invest more in tech than we have so far," Grofers CEO Albinder Dhindsa said in a blogpost. He added that tech will always be the "number one priority going forward". As per reports, Grofers is in talks for a USD 100-120 million fund raise. Admitting that Gro
Nearly 200 existing and former employees with vested options are eligible to participate in this process, the firm said
Nearly 200 existing and former employees with vested options are eligible to participate in this process.
After the abolition of the dividend distribution tax, the taxability of salaries and dividends in the hands of a founder of a bootstrapped start-up will be broadly similar, says Ritesh Kumar, IndusLaw
The development comes at a time when the Bengaluru-based firm is witnessing a huge surge in business across its food, lifestyle and electronics verticals