AppsForBharat Announces First ESOP Buyback for 25 Employees
- AppsForBharat initiates first ESOP buyback, benefiting 25 employees.
- Partnership with Infinyte Club facilitates the buyback program.
- Employees can liquidate vested shares for immediate financial rewards.
- Company previously secured $18 million in Series B funding.
- Sri Mandir app, owned by AppsForBharat, has over 30 million downloads.
Source: Entrackr
Talking product sense with Ridhi
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Then there are those companies active from long time yet no buyback 🙃
Companies don't go for buy back when the vesting esop holding is higher or the A investor holding /returns are not high. If further rounds of fund raising is a nearby future then companies will go for buybacks. And when major investors see visibility of IPO then buy backs will be done.
I’ve also started pooling on Infinyte Club - hopefully we get liquidity soon. Anyone else want to pool with me ?
How did Infinyte club facilitate this?
Live AMA: Hey everyone, I'm Kashish, CEO of EquityList. Ask me anything!
Hi folks,
I'm Kashish, the CEO of EquityList and Founder of Cloud Capital which I run as a solo GP. A little bit about what we do:
EquityList is a full-stack equity management platform by AngelList India. Companies across India,...

Oh wow, an open AMA. Have a few questions. 1. How would you like employees to think about their ESOPs? Perhaps...
AppsForBharat, the parent company of Sri Mandir, Raises $18M in Series B Funding
- AppsForBharat, the parent company of Sri Mandir, has raised $18 million in Series B funding led by Nandan Nilekani's Fundamentum.
- The funding round included Susquehanna Asia VC and existing investors Elevation Capital, Peak XV, and ...