Synopsis
Browserstack s ESOP buyback comes at a time when several Indian startups Zerodha, Meesho, CarDekho, Urban Company, BraratPe, FirstCry, Unacademy, Shadowfax and Niyo have felt it necessary to reward their employees through wealth-creation opportunities.
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Bengaluru: Browserstack recently completed its first ESOP buyback, rewarding workers after the software products company posted strong growth during the Covid-19 pandemic and nearly doubled its headcount during the year 2020.
San Francisco- and Mumbai-based Browserstack said employees who had been with the company for over two years were eligible to participate in the buyback of employee stock ownership plans, and 50% of that eligible base took part in the exercise. It did not disclose more details.
ETtech Morning Dispatch on Feb 15, 2021: India at crypto crossroads
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Good morning,
With a ban on all cryptocurrencies on the horizon, we take a (very brief) look at the history of the crypto phenomenon in
India to understand how we arrived at our present circumstance. We also speak to crypto exchanges and investors about their plans in case of a blanket ban, which would cut India off from what is now a $214 billion global market, not to mention numerous other benefits that access to the technology would bring.