StockGro completes second ESOP buyout worth $2M

Quick Summary:

Founded in 2020, StockGro's primary business revolves around investment education and simulated trading experiences, targeting users who want to learn the nuances of equity markets, futures, and options.

Notably, less than 60% of eligible employees opted to tender their shares, with the remaining choosing to retain their ESOPs.

"We are creating opportunities for life-changing wealth, but the decision to hold their shares shows confidence in the long-term value we are building".

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: India

Topics: Trading Employees Stockgro Policy Privacy Equity Business Users Shares Lakhotia Buyout

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 06:00:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 400 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: © YourStory

News ID: 23914064

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 11 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #44

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