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Jitendra Gupta’s Jupiter valuation jumps 67% to Rs 720 Cr; allots SARs to staff

Storied second term or serial entrepreneurs have been raising staggering seed amounts for their ventures. Founders such as Kunal Shah, Ashish Kashyap, and Jitendra Gupta have raised about $30 million…

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Zerodha’s Rs 60-65 crore ESOPs buyback plan values firm at $1 Bn

Discount brokerage Zerodha will spend Rs 60-65 crore for ESOPs buyback this year, at a self-assessed enterprise value of Rs 7,000 crore, or around $1 billion. This is significant because it’s the…

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The pitfalls of ESOP lifelines at startups

Before they started Udaan, a marketplace platform that facilitates trade between businesses, in 2016, the company’s three founders, Amod Malviya, Sujeet Kumar, and Vaibhav Gupta, had completed successful stints at…

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Start-up companies given more leeway to issue sweat equity shares

With valuations of several start-ups taking a hit during the lockdown, the Centre has sought to soften the blow by allowing them to issue sweat equity within 10 years of…

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Oyo announces ESOPs for all furloughed employees impacted by COVID-19

Hospitality firm Oyo is granting employee stock ownership plans (ESOPs) worth a total of around Rs 130 crore to all its furloughed employees impacted by the Covid-19 pandemic as part…

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Startups like Zomato, Oyo offer more stock options to ease paycut pain

Some of India’s leading consumer internet startups are offering additional stock options to employees in a bid to retain them following broad pay cuts due to economic upheaval triggered by COVID-19.

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Paytm cuts losses 20% as e-pays fall

Paytm has started curbing expenditure amid the pandemic to extend its runway. The e-payments major — India’s most valued startup at $16 billion — has been cutting costs at a…

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Paytm sets aside Rs 250 cr in ESOPs, hires more people

Digital payments platform Paytm will offer Rs 250 crore in employee stock ownership plans (Esops) and hire more than 500 people across multiple roles. The financial services company said in…

Startups roll out more ESOPs post budget

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ESOPs rising post Budget as startups do the math

A bunch of startups is tweaking their compensation packages to include more ESOPs, after the budget proposed a deferment of tax on the stock component for such companies incorporated after…

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Finance minister asks startups for feedback on taxing ESOPs

The government on Friday sought feedback from startups on taxing ESOPs, for which rules were eased in the Budget, but indicated it will not allow companies set up before 2016…