Unacademy expands ESOP pool to $393 million: Report

Unacademy expands ESOP pool to $393 million: Report

• By Staff Writer

Edtech unicorn Unacademy has expanded its employee stock ownership plan (ESOP) pool to $393 million, Inc42 reported citing sources. The Bengaluru-based startup increased its ESOP pool size to 286 million options from 238.7 million options, as per the company's regulatory filings with the Ministry of Corporate Affairs. Notably, the company sacked 150 employees last month.