Uncademy Rolls Back Changes To ESOP Exercise Window

, By INC42
Uncademy Rolls Back Changes To ESOP Exercise Window
EdTech

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SUMMARY

This comes a month after an ex-Unacademy employee flagged the unicorn’s move to reduce the ESOP exercise window to 30 days from 10 years previously

The controversy arose as group CEO Gaurav Munjal last year publicly confirmed that Unacademy, once valued at $3.5 Bn in 2021, was on sale

Munjal later clarified that the decision was taken to ensure employees get shares in Unacademy or the merged entity

Edtech unicorn Unacademy has reportedly rolled back its contentious plan to reduce the ESOP exercise window to just 30…



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Uncademy Rolls Back Changes To ESOP Exercise Window

, Published By INC42
Uncademy Rolls Back Changes To ESOP Exercise Window
EdTech


SUMMARY

This comes a month after an ex-Unacademy employee flagged the unicorn’s move to reduce the ESOP exercise window to 30 days from 10 years previously

The controversy arose as group CEO Gaurav Munjal last year publicly confirmed that Unacademy, once valued at $3.5 Bn in 2021, was on sale

Munjal later clarified that the decision was taken to ensure employees get shares in Unacademy or the merged entity

Edtech unicorn Unacademy has reportedly rolled back its contentious plan to reduce the ESOP exercise window to just 30…



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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Previous News
CES 2026: AI is helping organisations scale faster, resulting in sharp valuation gains: General Catalyst CEO Hemant Taneja
Next News
Apple’s New AI-Powered Siri Will Reportedly Be Powered by Google Gemini
INC42

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