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Sunday, September 29, 2024

Tag: ESOP

Nykaa expands ESOP scheme, allots over 4.73 Lakh stock options to employees

Nykaa, a promin͏e͏nt beauty and fashion ecommerce platform͏,͏ ͏has inc͏rea͏͏sed t͏͏he siz͏e of i͏͏ts e͏mpl͏oyee ͏st͏ock opt͏io͏n p͏l͏an͏͏ ͏(ESOP͏) b͏y allotti͏n͏͏g ͏ov͏͏er͏ 4.7͏3 la͏kh...

Agritech startup DeHaat sees 40% revenue surge in FY24, cuts losses by half

DeHaat, an agritech startup, reported a 40% increase in operating revenue to INR 2,700 crore in FY24, while reducing its losses by half. In FY23,...

Agritech startup DeHaat completes its first ESOP buyback, targets full-year profitability in FY25

DeHaat, the Peak XV-backed agritech startup, has successfully completed its first-ever employee stock ownership plan (ESOP) buyback programme worth INR 10 Cr. DeHaat, in a...

Beauty platform Nykaa grants 4.05 Lakh ESOPs ahead of Q4 results

Nykaa, a leading beauty and fashion ecommerce platform, has granted 4.05 Lakh stock options under its Employee Stock Option Policy (ESOPs) scheme ahead of...

Zomato seeks shareholder approval for 18.26 Cr employee stock options plan

Zomato, a leading player in the foodtech sector, has sought approval from its shareholders for the formulation, adoption, and implementation of a new employee...

Meesho to upsize next funding round to $500-$650 Million

Meesho, the ecommerce platform, is reportedly considering increasing the size of its upcoming funding round to $500-$650 million from $300 million earlier, given the...

The Sleep Company launches second tranche of INR 2.4 Cr ESOP buyback program

The Sleep Company, a startup specializing in sleep solutions, has initiated the second phase of its employee stock ownership plan (ESOP) buyback program for...

Tax troubles continue for Zomato as INR 92 Cr demand notice adds to mounting woes

Zomato continues to face mounting challenges, as the foodtech company has been ordered to pay a service tax of INR 92 Cr. This comes...

D2C menswear brand XYXX launches first-ever ESOP buyback program for employees

XYXX, the D2C menswear brand, announced on Monday its first Employee Stock Ownership Plan (ESOP) buyback program. The Amazon-backed startup stated that it had initiated...

Meesho announces its largest ever ESOP buyback, allocating INR 200 Cr for employees

Meesho has announced an Employee Stock Ownership Plan (ESOP) buyback program of INR 200 crore (approximately $25 million), marking it as the company’s largest...

Nykaa continues strong growth trajectory: Q3 net profit doubles YoY to INR 17.4 Cr

Nykaa, a prominent player in the beauty and fashion e-commerce sector, witnessed a significant surge in its consolidated net profit during the December quarter...

Fidelity slashes Meesho’s valuation again, now at $3.5 Billion – a 29% drop from previous high of $4.9 Billion

The US-based asset management company Fidelity has once again lowered the valuation of Meesho on its books, now assessing the e-commerce startup at $3.5...

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