Flipkart announces $50 million Esop buyback: the biggest employee cashouts at startups so far
Employee stock ownership plans (Esops) are becoming common in India’s startup ecosystem, letting employees cash out vested stock options before an IPO or acquisition.
In recent months, Flipkart, BrowserStack, CoinDCX, Cashfree, Unacademy, Atlys and Plum have announced Esop buyback or liquidity programmes across the ecommerce, SaaS, fintech, crypto, edtech, and travel technology domains.
