Urban Company conducts a ₹203 crore ESOP sale for 446 employees, involving Dharana Capital, Vy Capital, and Prosus.
Urban Company announces its fifth ESOP sale worth ₹203 crore, with 446 employees participating. The transaction allows current and former employees to liquidate their vested stocks, with Dharana Capital (offshoot of existing investor Vy Capital), Vy Capital, and Prosus purchasing the shares. The ESOP sale aims to reward and retain talent and is open to employees within the age group of 20-60, with 28% being women.
May 22, 2024
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