Audience marketing platform iZooto has announced its first ESOP buyback program valued at $ 1.35 million for all shareholders, including current and former employees.
Currently, 40% of iZooto employees with vested options are entitled to liquidate up to 25% of their vested shares, with share prices being 40 times the issue price. The agency also announced a dividend of Rs 275 per share before Diwali.
Founded in 2016 by Neel Kothari, Vivek Khandelwal, Shrikant Kale and Sachin Grover, the company helps publishers attract, engage and retain their audiences primarily through online push notification services.
Read more Marketing platform iZooto announces first ESOP buyback plan at Trickypedia.