ZenEquity, an ESOP management platform, has partnered with global travel tech platform OYO to provide its current and former employees with an easy to use ESOP management platform. Ahead of OYO’s IPO, the portal will provide an end-to-end solution to make viewing, managing and exercising ESOPs completely paperless.
ZenEquity’s platform is used by over 200 startups, most of them leaders in their respective industries. OYO has over 12,000 total ESOP holders including alumni and 80% coverage among current employees. This large shareholder base, along with their significant ESOP pool, makes OYO the biggest partnership for ZenEquity.
Sharat Khurana, Founder, ZenEquity said, “We are constantly thinking on our feet and letting technological innovation create positive disruptions in the way companies manage employee stock options. We have been collaborating with some promising Indian tech startups and are honored to begin our journey with OYO – a global startup with its roots in India. It is committed to leveraging the power of innovative products and solutions not only to benefit its patrons and consumers but also to genuinely empower its employees. We are thrilled with our association with OYO and committed to empowering OYOpreneurs with real-time insights on their stock options in a secure and reliable manner.” As a technology company, OYO relies on a host of tools and technologies to enhance employee experiences in the organisation. OYO’s partnership with ZenEquity comes at the back of superior tech solutions being offered by the company along with advanced user interface (UI), self-service features, agility and responsiveness. ZenEquity’s key features include stock options exercising, e-Signatures, stock split, bulk upload transactions of all kinds, among others. Zomato, Cred, InMobi, Razorpay, Urban Company, Meesho are some of ZenEquity’s clients in the tech startup universe.
