LEAD announces ESOP buyback worth $3 Mn

Edtech unicorn LEAD has announced an ESOP liquidation plan of close to $3 million for its employees.  The announcement comes soon after LEAD’s Series E fundraise of $100 million led by WestBridge Capital. The company raised the latest round at a valuation of $1.1 billion, making it India’s first edtech unicorn in 2022.  The current ESOP liquidation plan is a significant opportunity given that LEAD’s valuation has doubled in the last nine months on the back of  growth in its operating and financial metrics.  Continue reading LEAD announces ESOP buyback worth $3 Mn at Entrackr.

LEAD announces  ESOP buyback worth $3 Mn

LEAD announces  ESOP buyback worth $3 Mn

Edtech unicorn LEAD has announced an ESOP liquidation plan of close to $3 million for its employees. 

The announcement comes soon after LEAD’s Series E fundraise of $100 million led by WestBridge Capital. The company raised the latest round at a valuation of $1.1 billion, making it India’s first edtech unicorn in 2022. 

The current ESOP liquidation plan is a significant opportunity given that LEAD’s valuation has doubled in the last nine months on the back of  growth in its operating and financial metrics.