“We pride ourselves as being the fastest growing coffee chain in Indonesia. We are backed by Sequoia Capital and other top notch VCs. When we decided to start an ESOP scheme, we zeroed in on ESOP Direct because they have extensive knowledge in this space. ESOP Direct guided us step by step through the entire process. We are particularly happy with their alacrity in responding to our queries!”
Kopi Kenangan
Edward Tirtanata – CEO and Co-Founder
“The best part in dealing with the ESOP Direct team was that they worked alongside with us (founders) during the process. They really made an effort to understand our work culture and employee philosophy. It was a great example of collaborative efforts to customize an employee stock option plan from scratch. ESOP Direct team also provided great support during the implementation. They are highly recommended for anybody setting up employee compensation schemes for the first time!”
MyFave
Yeoh Chen Chow – Co-Founder of Fave Group
“We are glad to have found a very competent consultant in ESOP Direct. We needed an expert to analyze our existing stock option instrument. ESOP Direct conducted a feasibility study, correlated their findings with company objectives, and presented their recommendations. A worthy partner to work with, is what I’d say.”
Manhar Kapoor
General Counsel and Company Secretary, Eicher Motors
“We initially had a phantom Plan. Now we needed an objective comparison and evaluation of alternate instruments. We had had several rounds of discussions with ESOP Direct wherein they made presentations and analyses of industry best practices. Their meticulous study and report gave us relevant data to take an informed decision. It was a worthwhile investment of time and effort, and we are glad we engaged ESOP Direct.”
Shailesh Singh
Head HR, Max Life Insurance
“ESOP Direct acted as Trustees for our employee stock option scheme. Obviously, the role of a trustee entails a high degree of responsibility, integrity and competency. I am fully convinced we have made the right choice.”
Umasree Parvathy
Chief Peoples Officer, Northern Arc
“We entrusted our complete Plan administration function to ESOP Direct. We are sure our scheme is being handled by a very experienced team, especially since our employees are spread across the country which makes managing the Plan and issuing grant letters a complex process. I wish ESOP Direct greater success in the coming years.”
Mona Cherian
President and Group Head Human Resources, Thomas Cook
“We were going through the sensitive process of merger and demerger, and as an organization, we needed an able guiding hand. ESOP Direct are known as thought leaders in the domain of ESOP and that was precisely what we wanted. They guided us on accounting, corporate adjustment of options and even communication to employees regarding options.”
Sanjay Rathi
Head – Legal and Corporate Governance, Future Retail
“We needed a stock option Plan as a step in accomplishin the next level growth. ESOP Direct helped us assess alternative instruments. They helped us design a Plan for a better fit with the new parameters in step with industry practices. They also helped us with legal compliance, documentation, employee communication and roll-out. So I’d say they were pretty much with us at every stage and on all fronts. I am happy with the experience.”
Jogendra Sethi
Chief Financial Officer, VIP Industries
“ESOP Direct’s software platform My ESOPs has proved to be a splendid tool for Plan administration. They added a functionality wherein we could account for buyback/ surrender of options, since we specifically needed it at that point. I highly appreciate the kind of flexibility and customer centricity they have displayed!”
Girish Menon
Head – Human Resources, Swiggy
“I’m absolutely satisfied with their services. We hired ESOP Direct to handle our ESOP administration which was live and running. With our kind of employee strength we expect nothing less than the highest efficiency and transparency in administration. My ESOPs platform has succeeded in rendering it perfectly.”
Amit Singh
Head – Human Resources, SBI Mutual Fund