Indian Startup Employees Collect $1.45Bn from ESOPs Since 2020

  • Despite a declining trend in ESOP buybacks in 2023, a $700m payout by Flipkart has caused a sharp rise in the sector.
  • Since 2020, over 80 startups have bought back ESOPs worth $1.45bn, with 80% of buybacks performed by 20% of the startups.
  • Flipkart, the largest contributor in the sector, accounted for over 50% of the total buyback since 2020.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications