Bizongo announces its first ESOP buyback worth $3.7 Mn
E-commerce focused packaging company Bizongo has executed its first employee stock options (ESOP) buyback worth $3.7 million (around Rs 28 crore). With this, 102 former and editing employees of Bizongo were eligible for the buyback, but only 70% of its employees opted to liquidate ESOPs from the pool worth $4.8 million (around Rs 36 crore). Founded in 2015 by Tomar, Aniket Deb and Sachin Agrawal, Bizongo offers digital vendor management, supply chain automation & supply chain financing as key services to its enterprise customers. Continue reading Bizongo announces its first ESOP buyback worth $3.7 Mn at Entrackr.
E-commerce focused packaging company Bizongo has executed its first employee stock options (ESOP) buyback worth $3.7 million (around Rs 28 crore).
With this, 102 former and editing employees of Bizongo were eligible for the buyback, but only 70% of its employees opted to liquidate ESOPs from the pool worth $4.8 million (around Rs 36 crore).
Founded in 2015 by Tomar, Aniket Deb and Sachin Agrawal, Bizongo offers digital vendor management, supply chain automation & supply chain financing as key services to its enterprise customers.
