Munjal said more than 8 employees will earn more than ₹1 Cr from the buyback exercise, while 17 employees will earn more than ₹50 Lakh
This comes months after Unacademy faced backlash for reducing the ESOP exercise window from 10 years to 30 days
Notably, Unacademy was in talks with upGrad for an acquisition, However, the deal fell through due to differences in valuation
Months after Unacademy faced backlash for reducing the ESOP exercise window, the edtech unicorn plans to buy back ESOPs worth ₹50 Cr.
Making…

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