Unacademy, an edtech company, has initiated a Rs 50 crore Employee Stock Ownership Plan (ESOP) buyback to provide liquidity to its employees.
The buyback comes as the company undertakes a broader strategic reset amid a prolonged slowdown in the edtech sector ...
Co-founder Gaurav Munjal said as many as 8 employees will receive over Rs 1 crore each, 17 will get over Rs 50 lakh, and 38 will earn more than Rs 10 lakh.
Unacademy's buyback signals an attempt by the company to reward and retain talent after two years of turmoil owing to the ...
Unacademy has initiated a Rs 50 crore ESOP buyback programme to offer liquidity to its employees, according to the company’s co-founder, Gaurav Munjal.
Months after Unacademy faced backlash for reducing the ESOP exercise window, the edtech unicorn plans to buy back ESOPs worth ₹50 Cr ...
Aiden Markram scored an unbeaten 82 to propel South Africa to a nine-wicket win over West Indies in Ahmedabad.
Edtech M&A activity is rising as investors prioritize outcome-led growth and strategic integrations over previous ...