Scripbox increased its ESOP pool by introducing 2,94,808 fresh stock options

Share via:

Wealthtech startup Scripbox increased its employees stock option plan (ESOP) pool by introducing 2,94,808 fresh stock options.

Scripbox is a wealthtech platform that offers investment opportunities such as mutual funds, NPS to fixed deposits, among others to individual investors. The business has upped the number of options under its Scripbox Employees Stock Option Plan 2013 from the previous 9,14,918 to 12,09,726 according to its regulatory filings. Based on its most recent investment round and its current share price of INR 2,194 per, the value of its ESOP pool has increased by INR 64.6 Cr.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Scripbox increased its ESOP pool by introducing 2,94,808 fresh stock options

Wealthtech startup Scripbox increased its employees stock option plan (ESOP) pool by introducing 2,94,808 fresh stock options.

Scripbox is a wealthtech platform that offers investment opportunities such as mutual funds, NPS to fixed deposits, among others to individual investors. The business has upped the number of options under its Scripbox Employees Stock Option Plan 2013 from the previous 9,14,918 to 12,09,726 according to its regulatory filings. Based on its most recent investment round and its current share price of INR 2,194 per, the value of its ESOP pool has increased by INR 64.6 Cr.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

High net-worth mortgage broker hires head of Scotland

Global firm cites growing demand for high-value mortgage...

Apple shelved the idea of integrating Meta’s AI models...

Days after the Wall Street Journal reported that...

The Laundry House: Redefining Premium Fabric Care And Cleaning...

Incorporated in 2015, The Laundry House has swiftly established...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!