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Employee Stock Ownership Plan News
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Droom raises $30mn funding; to buy back ESOPs worth Rs 50 cr
Thu, Oct 04, 2018
Online automobile marketplace Droom Thursday said it has raised USD 30 million (over Rs 200 crore) led by the family office of Japan-based investor, Joe Hirao.
Paytm employees rake in Rs 300 crore through ESOPs sale
Mon, Jan 29, 2018
Fintech major Paytm today said some of its former and present employees have offloaded their stock in the company, raking in about Rs 300 crore from the secondary share sale. The company said the completion of secondary share sale valued the company at close to USD 10 billion.
Employees prefer bonus to ESOPs in compensation: Experts
Sun, Feb 05, 2017
"We have seen a change where the ESOP component in compensation packages has dropped in startup companies. This is because they never reach the valuations they initially project and in the past year a lot of startups also had to close businesses.
PSBs to have more attractive pay packages: Vinod Rai
Thu, Jan 05, 2017
"By next fiscal we are looking at a far more attractive package for public sector banks with bonus, ESOPs, performance linked variables -- monetary or non-monetary benefits to make it more attractive for professionals to enter PSBs," Rai said here at the 97th Assocham Foundation Day.