Exclusive: Unacademy Expands ESOP pool, allots 11,973 fresh shares to Employees

Edutech startup Unacademy has recognized and rewarded its employees by topping up 11,973 options to its existing employee stock options (ESOPs). According to the new regulatory filings, the company passed a special resolution to amend its existing ESOP policy to increase its existing pool from 53,044 to 65,017 options. Logo of edutech major Unacademy This is the…

ByGirish ShettiAugust 29, 20200Comments

Unacademy Expands its ESOP Pool for second time this year

Image Source: Blog.unacademy.com While national lockdown has virtually eroded the businesses of all the startups, edtech startups are proving to be an exception during these tough times. They are witnessing a huge surge in their online traction as lockdown has literally shut down all educational institutes and has propelled students towards online education platforms. Facebook backed Unacademy…

ByGirish ShettiMay 12, 20200Comments

Indian Startups Give Underwhelming Response to the Union Budget

While Finance Minister Nirmala Sitharaman made history on Saturday by giving one of the longest budget speeches in India’s history, the startup industry did not find much substance in a record-breaking two hours and 45 minutes long budget. Although the finance minister did touch on few contentious issues like ESOP dual taxation issue, the industry…

ByGirish ShettiFebruary 3, 20200Comments

Best Choice for Creatives