Unacademy increases ESOPs pool to Rs 1,392 crore
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Just a month after announcing its Series D fundraise last year, ed-tech startup Unacademy had bought 30% of the vested stocks from its employees. Unacademy has now further expanded its ESOP policy and increase the size of the ESOP pool from 36,190 options to 41,026 options. Before the recent expansion, the valuation of the pool was Rs 1,228 crore. Post this alteration, the company’s ESOP pool is currently valued at Rs 1,392 crore.