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Vy Capital buys Urban Company’s $5 Mn worth ESOPs

Shortpedia

Content Team
Image Credit: shortpedia

Home service marketplace Urban Company has announced its third employee stock sale program worth $5 million or Rs 37.5 crore. About 180 existing employees ranging from customer care executives to SVPs participated in this program. The ESOPs sale was undertaken at Rs 1,10,000 per share- the same price at which Series E secondary transaction had taken place in June 2019.