ShareChat parent to buy back ESOPs worth $19 million
By
Biju Kumar
Bengaluru: Mohalla Tech, the parent company of regional language social media platform ShareChat and short video app Moj, will buy back employee stocks worth $19.1 million, the company announced on Friday.
The move comes a few months after it raised $502 million at a valuation of $2.1 billion, thereby making an entry into India’s startup unicorn club.