Vedantu announces buyback of ESOPs worth $3 mn for eligible employees

Founders will not participate in buyback

Vedantu, a pioneer in Live online learning, has announced ESOPs (employee stock ownership plan) liquidity program worth $3 million for all eligible employees. The founders will not participate in the buyback, but the top leadership and eligible active employees who have completed the vesting period will be able to liquidate their vested ESOP shares.

"We have seen enormous growth over the last few years, and we take immense pride in the impact we are creating in the lives of our students,” said Vamsi Krishna, CEO and co-founder, Vedantu. “As Vedantu grows, we want our employees to grow with us as