Unacademy Group founder and CEO Gaurav Munjal said that the startup will accelerate ESOP vesting period by one year Earlier in February, Munjal said the startup would be skipping cash appraisals this ...
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, once one of India’s best-known edtech startups, may now be worth less than $500 million, 85% less than its pandemic-era peak valuation, as the company undergoes a steep reset and explores ...
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Unacademy tightens ESOP rules, ex-employees must now exercise vested options within 30 days
Move comes as the company is reportedly in acquisition talks with upGrad Founder clarified that the move is an attempt to give employees actual shares (equity) so they can participate in the potential ...
For many former Unacademy employees, a recent email from the edtech company felt like a deadline with a price tag. The message asked exited employees to exercise their vested Employee Stock Ownership ...
Unacademy, once one of India’s most celebrated edtech startups, is now worth less than $500 million — a steep 85% drop from its pandemic-era peak — as the company undergoes a major reset and explores ...
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