ShareChat earmarks $19 million for its first ESOP buyback1 min read 18 Jun 2021, 06:09 PM IST
Close to 200 existing and former employees with vested options will be eligible to participate as a part of this buyback. Mohalla Tech will be the sole buyer in this buyback process, employees can sell up to 100% of their vested ESOPs at its present stock valuation
BENGALURU: Mohalla Tech, the parent company behind short video app Moj and homegrown social media platform ShareChat, has announced its first employee stock ownership plan (ESOP) buyback program worth $19.1 million (approximately ₹140 crore).
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