Indian Startups Splurge $440m on Stock Rewards in 2021: Mint

 

Indian startups are sweetening deals to hire and retain employees in an increasingly competitive market, Mint reported.

Year to date, 32 startups in the country have spent nearly ₹3,000 crore, or about $440 million, to buy back employee stock options (Esops), an analysis showed.

Read the full report: Mint

 

ALSO READ:

 

SoftBank Shares Soar on Buyback After Alibaba ‘Blizzard’

 

Tencent Music, GSX and Vipshop launch buybacks to counter Archegos sales

 

China’s property stocks plummet to 10-year low despite home sales frenzy

 

 

 

The post Indian Startups Splurge $440m on Stock Rewards in 2021: Mint appeared first on Asia Financial.