Licious introduces ‘Everyday Vesting, Anytime Liquidation’ ESOP Plan

  • Currently, over 1,000 Licious employees own ESOPs and all new employees who receive ESOPs will be added to the pool, said the company.
  • In the press statement, Vivek Gupta & Abhay Hanjura, Co-Founders, Licious, said, The pandemic has taught us many lessons, and one among those is to keep your people closest to the organization and reward them for their hard work and contribution.
  • Earlier this year, the company also extended a buyback option of Rs 30 crore which benefitted 600 employees.
[Via]

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