Dezerv, a tech-led wealth management firm, has completed its Employee Stock Ownership Plan (ESOP) buyback program which was opened to all existing and ex-employees with vested stock amounting to a value of ₹46 crore ($5.3 million).
While the buyback aimed to allow early employees to create liquidity through their ESOPs, the measured participation underscores the strong confidence that team members have in Dezerv’s future growth trajectory and potential for value creation.
“We remain committed to delivering the highest quality investment experience to India’s wealth creators. A crucial part of ensuring this is the motivation and alignment of the team with our values. This ESOP buyback is one among many such aspects to our culture. We are proud that this has resulted in Dezerv being a company of choice for top talent looking to create an impact in this category,” said Sandeep Jethwani, co-founder of Dezerv.
Founded in 2021 by Sandeep Jethwani, Dezerv is a wealth management company that combines the expertise of seasoned investment professionals with advanced technology.
