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ESOPs buyback performed by startup's
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    ESOPs buyback performed by startup's

    25 September 2023

    In the dynamic landscape of startups, 2023 has emerged as a pivotal year for Employee Stock Ownership Plans (ESOPs). 🌟As businesses evolve, so do their strategies to reward and retain top talent. Let’s also look at some of the key findings from our study:

    a) Over 80+ startups & 25+ unicorns have participated in ESOPs buyback since 2020 with over 1.45 bn US$ worth of ESOPs being brought back in the last 3 years.  

    b) Despite the fall in funding in 2023, it is surprisingly pleasant to note that ESOP buyback offered by start-ups has grown 375% in 2023.

    c) In 2022, out of 200 Mn$ ESOPs, 75% was offered by Corn's Club, whereas in 2023, 95%+ has been offered by Corn Club.

    d) Razorpay was leading the game with the highest ESOP buyback worth US$ 75Mn in 2022 whereas in 2023 Flipkart announced the biggest ESOP buyback worth US$ 700Mn

    e) Startups in E-commerce and Fintech. industry has been giving out the most amount of ESOPs.

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