Flipkart announces $50 million Esop buyback: the biggest employee cashouts at startups so far
Indian startups are increasingly offering Esop liquidity programs to employees. Flipkart recently announced its second buyback event with a $50 million corpus. BrowserStack also provided liquidity to employees and early investors with a $125 million buyback. CoinDCX and Unacademy have also conducted significant ESOP buyback initiatives. These programs allow employees to cash out vested stock options before an IPO or acquisition.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Wow
0
Sad
0
Angry
0
Comments (0)