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Dezerv completes Rs 46 Cr ESOP buyback

YourStory · 15d

Wealth-tech startup Dezerv has completed a Rs 46 crore ESOP buyback programme, benefiting eligible employees. Although it provided liquidity opportunities, many employees chose to retain their stake. Co-founded in 2021 by former IIFL Wealth partners, Dezerv offers investment solutions to affluent Indians and recently surpassed Rs 10,000 crore in assets under management. The company employs 300 professionals, assisting high-net-worth individuals across five Indian cities with wealth management services.