Startups have shelled out $440 mn to buy back employee Esops in 2021 till date
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Startups have shelled out $440 mn to buy back employee Esops in 2021 till date

By Ankit Agarwal

  • 06 Dec 2021
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Startups have shelled out $440 mn to buy back employee Esops in 2021 till date
Credit: Thinkstock

Startups are bending backwards to sweeten deals in a bid to hire and retain employees in this competitive market. In Calendar 2021 till date, 32 Indian startups spent close to Rs 3,000 crore, or about $440 million, to buy back employee stock options (ESOP), a VCCircle analysis reveals. In comparison, 12 ......

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