SoftBank-backed Unacademy increases ESOP pool by 20% - Moneycontrol

Unacademy's move to increase its ESOP pool comes at a time when the company laid off over 750 employees including educators, in a bid to cut costs amid a potential funding winter for India's startups.

SoftBank-backed edtech unicorn Unacademy has increased its employee stock ownership plan (ESOP) pool by 20 percent, according to the company's regulatory filings with the Ministry of Corporate Affair… [+2189 chars]

full article...