New Delhi, Oct. 19 -- Last week, edtech Unicorn Unacademy has announced an ESOP buyback plan. All vested ESOP till December 10 will be counted for the current and existing employees. The ESOP buyback will be in the range of Rs 25-30 crore. Talking about the development, Unacademy's co-founder and CEO, Gaurav Munjal said, "Employees with currently vested ESOP value of Rs 40 lakh and more can liquidate 25% of vested options. Employees with vested ESOP value between Rs 10 lakh to 40 lakh will be able to liquidate around Rs 10 lakh while employees with currently vested ESOPs values of less than Rs 10 lakh can liquidate 100%."

The buyback will also allow exited employees to participate and sell anywhere between 25% to a full 100% of their ESO...