Unacademy Announces Teacher Stock Options For All Its Educators

The issue may come upwards of $40 Million over the next few years.

Gaurav Munjal, co-founder and chief executive, Edtech Unacademy, today announced via Twitter that they will be offering stock options to all educators on its platform. Teacher Stock Options (TSOPs) will be available to educators who have been with the company for 3+ years. So far, 300 educators are eligible for this option.

Last year Munjal led the company to Rs 30 crore Employee Stock Ownership Plan (ESOPs) buyback. TSOPs can be liquidated by employees during these buybacks.

Munjal stated in the Twitter thread, "We are who we are because of our Educators and we want our Educators to grow and create wealth as Unacademy grows!" 

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