Astrotalk Hits $1 Billion Valuation in ESOP Buyback for 100-Plus Employees
Updated
Updated · Entrackr · Aug 15
Astrotalk Hits $1 Billion Valuation in ESOP Buyback for 100-Plus Employees
3 articles · Updated · Entrackr · Aug 15
Summary
Astrotalk entered the unicorn club at a $1 billion valuation through an ESOP buyback involving more than 100 employees.
The buyback is designed to give eligible staff liquidity now while letting them stay invested in the company’s future growth.
The milestone came in a softer funding week for Indian startups: 14 companies raised $151.5 million, down more than 60% from $383.8 million a week earlier.
Yulu led the week’s fundraising with a $93 million Series C, while Accel also launched a $550 million India-focused early-stage fund, underscoring continued investor activity despite the slowdown.