Tag: Buyback

  • B2B Supply chain startup Bizongo completes ESOP buyback worth $3.7 Mn

    B2B Supply chain startup Bizongo completes ESOP buyback worth $3.7 Mn

    Mumbai-based B2B e-commerce and supply chain enablement platform Bizongo has announced the completion of its first Employee Stock Ownership Plan (ESOP) monetization program worth $3.7 million.  While 102 of Bizongo‚Äôs former and current employees were eligible for the buyback, only 70% of employees opted to liquidate ESOPs from the pool worth $4.8 million. Through this […]

  • Nuclei announce its maiden ESOP buyback plan

    Nuclei announce its maiden ESOP buyback plan

    Nuclei, a global SaaS platform that empowers enterprises and helps them transform the way they engage with their customers digitally, announced its maiden buyback from employees.  “The objective of the buyback is to provide employees the flexibility to sell their stock appreciation right (SAR) holdings and also for the company to distribute the wealth it […]

  • iZooto announces its maiden ESOP Buyback Plan

    iZooto announces its maiden ESOP Buyback Plan

    Leading push notification platform, iZooto has announced its maiden ESOP buyback program worth $1.35 million for all shareholders including current and former employees.  Valued at 40 times of the issue price, 40 percent of iZooto’s employees with vested options will be eligible to participate in this process. Commenting on the announcement, Prasanna Krishnamoorthy, Partner at […]