Leverage.biz, the parent company behind the popular study abroad platform Leverage Edu, along with Fly.Finance and Fly Homes, has announced the successful completion of its second ESOP (employee stock ownership plan) buyback exercise.
Founder & CEO Akshay Chaturvedi expressed his commitment to the team's financial well-being, stating, "Creating wealth for my teammates is perhaps one of the most important goals for me after our students’ success. I am ecstatic that we could do this!" Chaturvedi also noted the overwhelming response to the buyback, with many employees choosing to retain a significant portion of their vested shares.
Over 50 employees across various functions benefited from this exercise, marking a significant milestone in Leverage’s journey. The company's dedication to fostering an empowered and financially secure workforce remains unwavering as it continues to expand and innovate across its platforms.
