Startup news and update: Daily Roundup (June 2, 2023)
WinZO concludes third round of ESOP liquidation
Online gaming startup
has announced its third round of ESOP liquidation, providing an opportunity for eligible team members to partially liquidate their vested ESOPs.
The liquidation exercise is available for everyone who has served a minimum of two years within the company, encompassing approximately 25% of its current workforce, including all the early team members.
The startup executed its first and second ESOP liquidation programmes for its current and former teams in 2021.
PAG-led Sekhmet Pharmaventures appoints Anil Khubchandani as MD and CEO
A private equity consortium led by PAG has appointed Anil Khubchandani as Managing Director and CEO of Sekhmet Pharmaventures Pvt. Ltd.
Khubchandani has more than 30 years of experience in strategic partnerships, global sales and marketing, operations management, and research and development. In his most recent role, he served as co-CEO and Director of Jubilant Ingrevia Ltd.
Over his 20-year career at Jubilant Ingrevia, Khubchandani also served as a strategic business leader, developed high-performing teams, and oversaw solutions and offerings for pharmaceutical, agrochemical, and other industrial clients.
Edited by Megha Reddy