Darwinbox Concludes INR 86 Cr ESOP Buyback

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SUMMARY

Darwinbox claims that the buyback benefited more than 350 employees across its 11 global offices

This is the company’s third ESOP buyback in four years

In March, the company raised $140 Mn funding in an undisclosed round co-led by Partners Group and KKR.

Just a few months after raising $140 Mn in a funding round, HR tech unicorn DarwinBox has now completed an INR 86 Cr (around $ 9.7 Mn) employee stock ownership plan (ESOP) buyback, benefitting more than 350 employees across its 11 offices in India, North America,…



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Darwinbox Concludes INR 86 Cr ESOP Buyback


SUMMARY

Darwinbox claims that the buyback benefited more than 350 employees across its 11 global offices

This is the company’s third ESOP buyback in four years

In March, the company raised $140 Mn funding in an undisclosed round co-led by Partners Group and KKR.

Just a few months after raising $140 Mn in a funding round, HR tech unicorn DarwinBox has now completed an INR 86 Cr (around $ 9.7 Mn) employee stock ownership plan (ESOP) buyback, benefitting more than 350 employees across its 11 offices in India, North America,…



Source link

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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