Hissa launches $35M fund to unlock liquidity in ESOP market

Quick Summary:

The fund will focus on 15 to 20 high potential growth stage startups and have already made its debut investment in AI-powered robotics firm Miko.

ESOPs are a program under which employees of the company earn a stake in the company through ownership of shares.

This has resulted in employees holding illiquid shares of the company for a prolonged period of time.

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets: India

Topics: Provide Policy Mugulavalli Exit Time Hissa Company Fund Startup Privacy Liquidity

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 05:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 574 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 20 words per sentence (average)

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

Copyright Owner: © YourStory

News ID: 25169251

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 22 posts per day

Year Established: 2008

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News Last Updated: 8 hours ago

Coverage Areas: India

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