ESOPs expansion, allotment and buyback in startups & unicorns in 2020 (till date)
▪️BharatPe created ESOP pool worth ~ Rs 142 Cr in Jan
▪️Lenskart expanded ESOP pool to Rs 216 Cr in Feb
▪️Ola expanded ESOP pool by adding Rs 326 Cr in Feb
bit.ly/3joFM0I
A thread ⤵️
▪️Vogo increased ESOPs pool for staff and directors in Feb
▪️Bounce increased its ESOP pool to Rs 127 Cr in Feb
▪️Meesho’s investor Naspers bought ESOP worth $1 Mn in Feb
▪️CarDekho announced ESOP scheme worth $3.5 Mn in Feb; allotted worth Rs 3.51 Cr to 43 staff in March
▪️Swiggy expanded its ESOP pool to Rs 1,589 Cr in April
▪️Grofers doubled its ESOP pool to 11.4% in April-May
▪️Paytm announced to offer Rs 250 Cr worth ESOPs in 2020: Former & existing staff vested ESOPs of Rs 14 Cr in May; allotted ESOPs to WeavedIn’s staff in July
▪️Unacademy ESOPs’ pool expanded to Rs 312 Cr in May
▪️Simsim introduces ESOP plan for employees in May
▪️MaxWholesale introduces ESOP Scheme in June
▪️Innoviti enhanced ESOP pool to ~ Rs 75 Cr in June
▪️Zerodha announced to buyback ESOPs worth Rs 65 Cr from 700 staff in June
▪️ixigo provided deeply discounted ESOPs in July to cover up the loss in pay of employees for the last 3 months
▪️Oyo announced Rs 130 Cr worth ESOPs for furloughed employees in June; granted discounted ESOPs in July
▪️FleetX and Rooter introduced ESOPs plan for staff in July
▪️Bijnis created an ESOP pool worth Rs 10.53 Cr in July
▪️Jitendra Gupta’s Jupiter rewarded employees by approving the adoption of Employee Stock Appreciation Rights or ESAR Plan 2020
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