CityMall launches $1.3 million ESOP liquidity programmf for employees with 50+ years of service

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Social commerce startup CityMall launched an Employee Stock Ownership Plan (ESOP) liquidity programme for over 50 employees. Eligible employees, including core team members and senior management, will be able to liquidate stock options worth up to $1.3 million under the programme.

CityMall is a new social commerce platform. It operates in a variety of industries, including grocery, FMCG, electronics, and fashion. It primarily serves Tier III and IV cities and towns in Haryana, Uttar Pradesh, and the Delhi NCR. According to CityMall, the ESOP buyback programme will aid in the development of a strong, fast-growing, and employee-centric startup. The ESOP liquidation is a way to recognise the efforts of early employees who joined CityMall in its early years and contributed significantly to its success.

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CityMall launches $1.3 million ESOP liquidity programmf for employees with 50+ years of service

Social commerce startup CityMall launched an Employee Stock Ownership Plan (ESOP) liquidity programme for over 50 employees. Eligible employees, including core team members and senior management, will be able to liquidate stock options worth up to $1.3 million under the programme.

CityMall is a new social commerce platform. It operates in a variety of industries, including grocery, FMCG, electronics, and fashion. It primarily serves Tier III and IV cities and towns in Haryana, Uttar Pradesh, and the Delhi NCR. According to CityMall, the ESOP buyback programme will aid in the development of a strong, fast-growing, and employee-centric startup. The ESOP liquidation is a way to recognise the efforts of early employees who joined CityMall in its early years and contributed significantly to its success.

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.

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