Startups 2021: Bought back historic high ESOPS

Startups 2021: Bought back historic high ESOPS

24 January 2022, Mumbai: 

Over $400 million worth of ESOPs were bought back by Indian startups In 2000, according to a report startups by Nasscom and consultancy firm Zinnov. Over 10,000 employees benefited from these buybacks.

Startup India – User Experience Design & Technology

The ESOP pool has expanded to 900 million with Sebi's revised policies, the report said.

KEY HIGHLIGHTS

  • Over $400 mn worth of ESOPs were bought back
  • Over 10,000 employees benefited from it
  • ESOP pool has expanded to 900 mn with Sebi's revised policies
  • Reported Nasscom & Zinnov consultancy firm

Indian startups record highest ever ESOP buyback in 2021: $440 Million

Sebi changed nations last year to allow ESOPs to be given even to employees on contracts, and then probations prior to information.

10,500 startups in India by 2020: Nasscom-Zinnov report - StartUp360News

10K STAFFERS

Can't Get No Employee Satisfaction? How Efficient Training Can Help
Many new-age firms have been buying back employee stock options to reward them. ESOPS has emerged as a tool and has been integral to the compensation strategy of startups.


Credits: TOI dt 24-01-2022

 

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