Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

This Indian company makes 62 employees millionaires after ESOP buyback worth Rs 154 cr

IANS
Updated: October 17th, 2023, 18:42 IST
in Business
0
Representational Photo

Representational Photo

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Bengaluru: B2B SaaS fintech company Perfios Tuesday announced an ESOP buyback of equity shares worth Rs 154 crore from its 135 employees, making 62 staff members millionaires.

Among the beneficiaries of the buyback are 80 women employees. Additionally, 98 employees are under 30 years age, while 152 fall within the 30 to 40-year age bracket, the company said in a statement.

Also Read

Odisha govt announces Rs 20,000 monthly pension during Emergency

Odisha to clear old-age pension dues by Oct: Minister

13 hours ago

FDI rises 6% to USD 19.81 bn in Apr-Jun; inflows from US fall 76%

14 hours ago

“It’s gratifying to see the Perfios Millionaire Club grow and thrive along with the company’s growth. The buy-back reaffirms our dedication to placing our employees first and fostering a work environment where everyone can excel,” said Sabyasachi Goswami, CEO of Perfios.

Notably, some of the longest-serving employees, including those from both core and non-core functions like administrative and data processing teams, have received a remarkable 30-fold increase in their earnings.

“This isn’t a new concept for us; it’s a practice we’ve embraced for years. This latest round of ESOP payout is just another validation of our unwavering commitment to our employees’ success and prosperity,” said V.R. Govindarajan, Co-Founder and Chairman.

Perfios has set an ambitious goal of doubling their revenue growth by the close of this financial year as they bolster their presence in MENA and SEA countries and expand to North America and Europe.

With the recent fundraise of $229 Million from Kedaara Capital, Perfios plans to fuel their global expansion and invest in new age technology to enhance its comprehensive stack of decision analytics SaaS products to solve the end-to-end customer journey across the BFSI sector.

Founded in 2008, Bengaluru-headquartered Perfios is a global B2B SaaS company serving the banking, financial services and insurance industry in 18 countries, empowering more than 1,000 financial institutions.

IANS

Tags: BusinessEmployeeESOPIndia
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019

Archives

Editorial

The Dashboard Raj

September 26, 2026

By Dilip Cherian The next big change in India’s babudom may not come through another cadre reform or a new...

Read moreDetails

Let them Bloom

September 23, 2026

The alleged suicide by a second-year B. Tech student of the prestigious IIT Bombay, one of India’s most premier institutes,...

Read moreDetails

Pappu Changes Side

Leader of Opposition in the Lok Sabha Rahul Gandhi with comedian Pulkit Mani during the 'Chhatron ki Goonj' event, in Indore, Madhya Pradesh. (PTI)
September 22, 2026

Political satire, which in the present social media age also assumes the form of memes, is a healthy process of...

Read moreDetails

Back to Cash

Election Commission of India
September 21, 2026

Almost ten years ago on 8 November 2016 when PM Narendra Modi personally, in a highly insensitive and arbitrary manner,...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST