Design tech startup Flipspaces announces employee stock option plan

Quick Summary:

The company said that 5% of its total equity will be allocated to the ESOP pool amidst a Rs 400 crore revenue run rate in sight.

With the announcement, Flipspaces joins a list of startups that have launched ESOPs this year.

We believe that when our employees have a stake in the company, they are more motivated to contribute to its success.

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets: India

Topics: Esop Startup Revenue Crore Flipspaces Design Privacy Data Company Policy Ownership

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 03:30:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 317 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23543279

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 15 posts per day

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News Last Updated: 8 hours ago

Coverage Areas: India

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