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US-based hedge fund and venture investor Tiger Global Management is buying back the shares of 140 employees at payments firm Razorpay via an employee stock option (ESOP) plan, a statement by the Bengaluru-based startup said. The investor is buying the…
Read More Tiger Global’s Stake In Razorpay To Increase With ESOP Buyback Plan
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In the rush to grow rapidly, several Indian startups have over the last year ventured into areas not directly related to their core businesses. For instance, in December 2017, ride-hailing startup Ola acquired food-delivery startup Foodpanda and e-commerce major Flipkart is reportedly in…
Read More An Indian Unicorn Admits It Screwed Up And Is Rebooting With Layoffs
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