Unacademy’s ESOP move asks former employees to exercise options now, triggering tax today for a chance, not a guarantee, of ...

Happy Monday! Beyond the fast-growing UPI, other payment methods in India see stagnation. This and more in today's ETtech ...

Earlier, departing employees had up to 10 years to exercise the stock options they earned during their tenure. However, the ...

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.

Unacademy has amended its employee stock option plan (ESOP), sharply reducing the time former employees have to exercise ...

Unacademy revises its ESOP policy, limiting former employees to a 30-day window for exercising vested stock options.

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 ...