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Headout announces ESOP buyback for 104 employees

Travel experiences app Headout has announced its first ESOP liquidity program for all current and former employees.

Started by Vikram Jit Singh and Varun Khona, Headout is a managed and a mobile-first marketplace. It serves 50 locations and is available in 6 languages.

The platform claims to have boarded over 10 million people globally.

In February this year, the company closed a $42 million Series B round. The round was led by Glade Brook Capital with the participation of existing investors Nexus Venture Partners, FJ Labs and 500 Startups, among others.

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