Exclusive: Google-Backed ShareChat Expands ESOP Pool Size To INR 2,375 Cr

Quick Summary:

In the last few years, a large number of Indian startups have started offering ESOPs to attract new talent and retain the existing ones.

Earlier this year, ShareChat announced the merger of Times Internet-backed short video platform MX Taka TakTak with its own short-video platform Moj.

The expansion of ESOP pool size comes five months after the startup closed its $520 Mn funding round at a valuation of $5 Bn.

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Article Details

Author / Journalist: Debarghya Sil

Category: Startups

Markets: India

Topics: News B2C Exclusive

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-30 @ 17:58:20 (2 months ago)

News Timezone: GMT +5:00

Ranking: #459 (out of 6637 stories this day)

News Source URL: inc42.com

Language: English

Article Length: 403 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 20 words per sentence (average)

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

Copyright Owner: © Inc42

News ID: 2063904

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