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Cars24 announces ESOP buyback of Rs 75 cr after raising $850 mn in funding

The value of total ESOP buyback by Cars24 to date stands at Rs 113 crore. The company claims to have consistently held annual ESOP buybacks for the past four years.

Topics
Cars24 | Esops | Auto

Deepsekhar Choudury  |  Bengaluru 



Cars24, car, reuse, resale

Cars24, an e-commerce platform for pre-owned vehicles which has raised around $850 million in funding in the last six months, has announced an ESOP (employee stock option plan) buyback worth Rs 75 crore to reward the company’s employees.

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First Published: Wed, February 23 2022. 13:04 IST

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