Startup News and Updates: Daily Roundup (June 24, 2025)

YourStory provides a daily news roundup from the Indian startup landscape and beyond. Stay informed about the latest developments shaping the entrepreneurial ecosystem.

Darwinbox Completes Rs 86 Cr ESOP Buyback

SaaS unicorn Darwinbox recently finalized an Rs 86 crore Employee Stock Ownership Plan (ESOP) buyback, benefiting over 350 employees across its 11 global offices. This move underscores the company’s commitment to rewarding and retaining top talent in a competitive market.

Nykaa Allocations Shares Worth Rs 10.33 Cr

Omnichannel beauty and personal care retailer Nykaa has allocated 5.23 lakh equity shares to its employees as part of the Employee Stock Option Plan (ESOP). This strategic initiative not only aligns the employees’ interests with the company’s growth but also enhances employee engagement and loyalty.

Skippi Raises Rs 12 Cr in Pre-Series A Funding

Ice pops brand Skippi secured Rs 12 crore in an extended pre-Series A funding round. The financing, led by Dubai-based strategic family offices of Mr. Surya, signifies a strong investor confidence in Skippi’s unique market positioning and growth potential.

Kingsman | Financial Advisor

Kingsman a 35-year-old financial advisor from London, UK, epitomizes the blend of analytical prowess and personable guidance. With a decade of experience in the financial sector, Kingsman has cultivated a reputation for his strategic approach to wealth management and investment advising. His journey began at the University of Oxford, where he graduated with honours in Economics, a discipline that fueled his fascination with the financial markets and their intricacies.

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