Unacademy announces Rs 50 Cr ESOP buyback
Edtech company Unacademy has initiated a Rs 50 crore ESOP buyback programme to offer liquidity to its employees, according to the company’s co-founder, Gaurav Munjal.
Announcing the development on X, Munjal said that eight employees are expected to make over Rs 1 crore each through the buyback, while 17 employees will receive more than Rs 50 lakh, and 38 employees are likely to earn over Rs 10 lakh.
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