Urban Company announces ESOP sale programme worth $5M

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Home services startup Urban Company, formerly known as UrbanClap, has announced an employee stock option (ESOP) sale plan worth $5 million with the purchaser being its existing investor Vy Capital.Under this programme, the eligible employees will be given the option to liquidate their vested ESOPs through a secondary transaction by Vy Capital, according to a press release issued by the…
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