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1 Finance announces ESOP buyback program at a valuation of Rs 450 crore

  • 1 Finance, a personal finance advisory startup in India, announces an ESOP buyback program at a valuation of Rs 450 crore, benefiting over 33% of its workforce.
  • The program aims to provide early liquidity to employees and reward both early founding team members and later-stage key hires, aligning with the company's employee-first culture and focus on financial well-being.
  • 1 Finance has expanded its regulatory footprint with licenses including a P2P NBFC license, AIF license, and ERI license, strengthening its ecosystem around the advisory-led model.
  • Positioning itself as an emerging challenger in personal finance, 1 Finance emphasizes a human-centric approach over fully automated robo-advisory models and aims for inclusive value creation in the industry.

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