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Top ESOP Buybacks by Indian Startups in 2024,šŸ”„ ā–«ļøEmployees Earned INR 1,750 Cr Through Buybacks

Aakash kashyap

StealthĀ ā€¢Ā 20d

Zomato is likely not included in this list of top ESOP buybacks in 2024 because it did not conduct a major ESOP buyback this year. Instead, Zomato focused on expanding its ESOP pool by issuing new stock options under its ESOP 2024 plan, worth approximately INR 3,800 crore ($458 million). This allocation was intended to attract and retain talent rather than to buy back shares from employees.

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Top ESOP Buybacks by Indian Startups in 2024,šŸ”„ ā–«ļøEmployees Earned INR 1,750 Cr Through Buybacks

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This fight between Swiggy and Zomato is getting more interesting day by day, bro. Now, Zomato has also announced its QIP.

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šŸšØ Zomato Exploring Cash Raise Through QIP! šŸšØ I just came across an interesting developmentā€”Zomato is considering raising funds via a qualified institutional placement (QIP), marking its first funding move since its IPO in July 2021. This comes as

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Its very interesting to see how businesses expand their horizons! As a big time foodie i feel this is a masterstroke by zomato! What are your thoughts?

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