Milestone · Education & Skilling

Emversity completes first ESOP buyback of ₹6.5 crore

By Startup Enthusiast · 11 March 2026

What they do

Emversity, which trains students for allied-health roles, conducted a ₹6.5 crore ESOP buyback for 20 employees

Eligible employees joined on or before 31 Jan 2024 and could sell up to 70% of vested options at full valuation

The buyback followed a $30 million Series A, and the company plans future buybacks as it expands to 400 campuses

Emversity announced its first ESOP buyback worth ₹6.5 crore for 20 employees.
Employees who joined on or before 31 January 2024 and were part of the founding/pre-organisational phase were eligible.
The buyback allowed employees to sell up to 70% of their vested options at the full current valuation with no discount.
The event occurred weeks after Emversity closed a $30 million Series A funding round.
CHRO Megha Lal announced the buyback on LinkedIn after the Series A closure.
Emversity has over 700 employees and operates in 24 states across more than 60 locations.
The company intends to conduct future buybacks as it grows.

In 2025, 12 Indian startups conducted ESOP buybacks, helping over 9,200 employees unlock wealth of more than ₹1,409 crore ($158 million).
BrowserStack announced a third share buyback of $125 million in January 2026.
CoinDCX announced an ESOP liquidity event of ₹111 crore in February 2026.

Emversity trains students as nurses, therapists, caregivers, OT technicians, lab technicians, paramedics, and other allied-health professionals.
Courses are offered at educational institutes in Hyderabad, Jamshedpur, Indore, Pune, and Gurugram.
The company operates in 24 states across more than 60 locations and has over 700 employees.
With fresh capital, Emversity plans to expand its healthcare and hospitality skilling programmes and enter new sectors.
It plans to scale its network to 400 campuses over the next 2.5 years.

Emversity plans to expand its healthcare and hospitality skilling programmes and enter new sectors.
It plans to scale its network to 400 campuses over the next 2.5 years.
The company intends to conduct future ESOP buybacks.

Product: s edtech startup
Customers: Colleges, universities and employers that need job-ready graduates
How it makes money: Embedded training and employability programs delivered through institutional partnerships
What sets it apart: Works with employers to co-design role-specific modules embedded into university curricula