Mumbai: Unacademy has changed its employee stock option (ESOP) rules for former employees. Earlier, employees who left the ...
Happy Monday! Beyond the fast-growing UPI, other payment methods in India see stagnation. This and more in today's ETtech ...
Unacademy’s ESOP move asks former employees to exercise options now, triggering tax today for a chance, not a guarantee, of ...
Gaurav Munjal said Unacademy is under M&A discussions at a similar valuation for an all-stock deal where there will be no ...
Unacademy's valuation has dropped by over 85% from its pandemic-era peak price tag of $3.5 billion, its founder said.
Test preparation platform Unacademy has revised its employee stock option plan policy (ESOP), sharply reducing the time available for former employees to exercise their vested options. Under the ...
Unacademy has amended its employee stock option plan (ESOP), sharply reducing the time former employees have to exercise ...
Unacademy has reduced the window for former employees to exercise vested stock options to 30 days from up to 10 years earlier. The change forces ex-staff to exercise options and pay taxes or forfeit ...
Unacademy emphasised that this amendment is a one-time opportunity for former employees to achieve parity with equity shareholders.
This comes as the edtech firm negotiates a potential all-stock sale to UpGrad, reported first by Moneycontrol, while restructuring its leadership and grappling with a sharp markdown ...