Among the many things that kept the Indian startup ecosystem in headlines in the last one year is ESOP buybacks. Startups across sectors are on a ESOP or employee stock ownership program buyback spree at a time when the Covid-19 pandemic has disrupted bottom lines for some startups while led to unprecedented growth for others. While ESOPs found their way into compensation packages offered by new-age tech startups several years ago, opportunities for employees to realise their actual value started mushrooming only recently with companies giving them a chance to liquidate their holdings through buyback events. The trend was kicked off by e-commerce giant Flipkart in 2018 when the company announced a 100 per cent buyback of vested ESOPs. Since then, close to 23 startups have facilitated buyback programs, with some having carried multiple rounds. Of these, maximum buybacks have happened in the last one year since the Covid-19 pandemic outbreak (see: The Indian Startups ESOP Splurge). Was the timing intentional? Entrepreneur India spoke to startups to find out.
SIGNIFICANCE OF ESOPS FOR COMPANIES
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Top 3 Cool Products of 2021
The year 2021 has seen several new integrations in terms of people’s lifestyle, the technology used, and much more. While lockdown and isolation have been stressful with the pandemic, we sure have developed a habit of ordering innovative and interesting products online and finding good use in something cool. Some cool products have surfaced in this duration, and you might want to get your hands on them.
What Does the SPAC Buzz Mean for Indian Startups
SPAC or Special Purpose Acquisition Company is fast becoming a preferred route for startups to list on the US bourses, but a tough regulatory landscape pose challenges After a failed attempt at an IPO and losing billions of dollars two years back, WeWork is finally going public again. Has the office-space sharing company’s finances changed for the better this time? Nobody knows. Instead, the company has taken a different route to reach the stock markets: SPACs.
TECH- LEADERSHIP SEARCH MAGICIAN
2021 is a year full of hopes for start-ups as they look to increase the revenue generation and try to keep their venture on an upward growth trajectory. 2020 was a year full of ups and downs. The lockdown proved to be an obstacle in the growth of these start-ups as the economy slumped and almost everything came to a standstill. After the upliftment of the restrictions and the lockdown itself, things started picking up pace again and there was rapid development for the start-ups not to forget, many new start-ups came to the fore. The start-ups got fresh funding and with those funding one of their main targets was to broaden the employee base and hire in key technology and leadership roles. Edtech, E-commerce, software-as-a-service (SaaS) and Fintech have gained significant scale and are on the lookout for talent who can initiate an even more aggressive growth model.
Think Like a Disruptor
If you want to shake things up, you must have a mindset that’s different from everyone else’s. Here are three ways to reshape your thinking.
WILL YOU WALK TO WORK?
With the outbreak of Covid-19, the ensuing security risks and administrative challenges of a largely remote working office culture have proven to be daunting to employees and organizations alike. Providing a solution to ease this, using coworking spaces and workspaces which allow users to book a place to work from near their homes is expected to see a rise. The Government norms around occupancy for private offices are not expected to become lenient any soon. However, industries such as Banking, Financial Services, Insurance and many more carry huge data security risks which cannot be secured by employees at their homes. This month at Entrepreneur, we analyze how well prepared are coworking spaces to provide COVID-safe and security-enabled spaces near homes, thereby providing the same atmosphere, amenities and cyber security that an entity would have given at its own facility. Will this be the new future of work?
A ‘SHOT IN THE ARM’ FOR INDIAN COMPANIES AND START-UPS
BETHENNY FRANKEL IS A TIME-MANAGEMENT MACHINE
She builds multimillion-dollar brands, stars in TV shows, and vigorously defends every moment of her day. The secret? It starts with deciding what matters (and what doesn’t).
THESE STARTUPS ARE PREVENTING INDIA'S RICH HANDICRAFT CULTURE FROM FADING AWAY
Startup community realised artisans typically are unaware of marketplaces and heavily rely on middlemen
From SMS Era to Internet Age, This Unicorn Helps Enterprises Build Strong Customer Relation
According to the founder Beerud Sheth, Gupshup at present serves more than 100,000 businesses and developers globally
How 1 Ex-Cognizantand 3 former ZOHO Employees Went On To Create A Unicorn
In April 2021, Chargebee raised $125 million in Series G round, almost tripling its valuation to $1.4 billion
Amazon to invest $1 Billion in India
Amazon founder Jeff Bezos said that his company plans to invest $1 billion in digitizing small and medium businesses in India.
India's E-commerce Crackdown
New rules will force Amazon and Walmart’s Flipkart to make big changes in the way they sell
Lock, Stock And Two Smoking Barrels
Super apps will take Amazon-Reliance rivalry to next level
फ्लिपकार्ट ने मजबूत किया बुनियादी ढांचा
फ्लिपकार्ट ग्रॉसरी 200 से अधिक श्रेणियों में 7,000 से अधिक उत्पादों की पेशकश करती है
सामान की डिलिवरी में जूझ रहीं ई-कॉमर्स कंपनियां
राज्यों के लॉकडाउन लगाने, कर्मचारियों से संबंधित दिक्कतों, आपूर्ति श्रृंखला में अवरोधों और मांग में बढ़ोतरी से फ्लिपकार्ट, एमेजॉन और बिग बास्केट जैसी ईकॉमर्स कंपनियों की डिलिवरी पर असर पड़ रहा है । सभी ई-कॉमर्स कंपनियों के पास ज्यादा मांग आ रही है, जिससे उन्हें इन ऑर्डरों को समय पर पहुंचाने में जूझना पड़ रहा है। इसकी वजह यह है कि इस बार लॉकडाउन राज्य सरकारों ने लगाए हैं और हर राज्य में अलग-अलग नियम हैं।
IMPACTS AND 8 MARKETING STRATEGIES FOR SMALL BUSINESS THAT SUFFERED FROM COVID-19
The World Health Organisation has stated the COVID 19 or coronavirus, a pandemic. It’s an unresolved time with several unknowns.
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ई-कॉमर्स कंपनियों को दोगुने ऑर्डर
महाराष्ट्र और दिल्ली जैसे राज्यों में संक्रमण के मामले बढ़ने के साथ ही यहां के ग्राहकों द्वारा जरूरी सामान और किराने से जुड़ी वस्तुओं के ऑनलाइन ऑर्डर में भी काफी बढ़ोतरी देरवी जा रही है, ऐसे में सामानों की डिलिवरी में लग रहा है वक्त
आपूर्ति पर फ्लिपकार्ट का बड़ा दांव, अदाणी से मिलाया हाथ
ई-कॉमर्स दिग्गज फ्लिपकार्ट ने अपना आपूर्ति श्रृंखला ढांचा मजबूत बनाने के लिए अदाणी समूह के साथ रणनीतिक और व्यावसायिक साझेदारी की है। फ्लिपकार्ट के ग्राहक तेजी से बढ़ रहे हैं और इस गठजोड़ से उसे अपने ग्राहकों को सेवा प्रदान करने की क्षमता बढ़ाने में मदद मिलेगी।