Our Portfolio

See the companies benefiting from our ESOP liquidity solutions, creating wealth for their employees and standing out as top employers.

India’s

Unlisted Secondaries Fund

Fund Thesis

Empowering growth-stage startups in India with sector-agnostic investments for scalable success.

Hissa Fund Offering

Elevate ESOP liquidity with tech-driven management and on-demand settlements

Continuous liquidity that helps rationalize compensation cost

Continuous Liquidity vs Liquidity Programmes

Liquidity on demand with a T+ 5 settlement cycle

Tech driven compliance management

Full stack equity management

Smart solution for employee liquidity

Employees no longer need to wait for traditional liquidity events like IPOs, which take around 13 years, or M&As, which take about 10 years. Instead, they can access ‘liquidity on demand’ through the Hissa fund, allowing them to cash in on their ESOP paper wealth and thereby helping companies to rationalize payroll costs.

Stand out amongst
employers

Smart solution for employee liquidity

Employees no longer need to wait for traditional liquidity events like IPOs, which take around 13 years, or M&As, which take about 10 years. Instead, they can access ‘liquidity on demand’ through the Hissa fund, allowing them to cash in on their ESOP paper wealth and thereby helping companies to rationalize payroll costs

Stand out amongst employers

Fund Team

Meet the team committed to delivering efficient ESOP liquidity solutions

Hissa Fund

Maximize ESOP attractiveness with ‘liquidity on demand,’ allowing employees to convert their ESOPs into cash when needed, while helping companies manage payroll expenses more effectively

Frequently asked Questions

1. What is the Hissa Fund?

Hissa Fund is an investment vehicle that provides liquidity to employees by purchasing Employee Stock Options (ESOPs), allowing employees to unlock the value of their equity.

Hissa Fund offers employees the chance to convert their ESOPs into cash, providing immediate liquidity without having to wait for an IPO or acquisition. It’s an opportunity to unlock the value of their stock options.

Hissa Fund offers control over financial decisions, providing liquidity when needed, without waiting for a public listing or company sale.

Hissa Fund uses industry-standard valuation methodologies to ensure a fair and transparent process in determining the market value of ESOPs.

No, selling ESOPs to Hissa Fund does not impact employment status or the relationship with the employer.

Transactions are typically completed within a few weeks after all required documentation is submitted.

Hissa Fund offers flexibility, allowing employees to sell either a portion or all of their vested ESOPs. The aim is to accommodate individual needs and financial goals.

No, employees must work through the HR department to facilitate the sale of ESOPs to Hissa Fund.

Yes, founders can sell equity to Hissa Fund, subject to specific terms and conditions.

Secondary transactions involve direct buying and selling of equity, whereas secondary funds like Hissa Fund pool capital to purchase ESOPs and provide liquidity to employees.

Eligibility criteria may vary depending on the company’s ESOP plan and vesting schedule. Typically, employees must have vested ESOPs and be employed with the company at the time of the sale.

The payment for the ESOP sale is made through a direct bank transfer after the sale is completed and all required documentation is processed.

In most cases, only employees with vested options can sell their ESOPs to Hissa Fund, and this is typically done while still employed. However, employees should consult their HR department for specific details.

Employees who have sold their ESOPs to Hissa Fund retain the right to any future benefits or equity through their remaining shares, though the sold shares will not participate in any future liquidity event.

Hissa Fund enhances talent retention by offering liquidity options to employees, reducing reliance on cash compensation.

The fund facilitates the liquidity process, allowing employees to sell ESOPs and access cash, boosting morale and easing compensation pressures.

Hissa Fund offers a reliable mechanism for sourcing liquidity, bypassing traditional methods like buybacks and secondary transactions.

Hissa Fund offers customizable liquidity solutions, aligning with the unique needs and goals of the company’s ESOP program.

Hissa Fund handles liquidity externally, streamlining operations and enabling focus on business growth while the liquidity process is managed by experts.

Hissa Fund utilizes its digital equity management platform to streamline liquidity processes, increasing efficiency for all stakeholders involved.

Yes, Hissa Fund offers advisory services to help companies structure ESOP programs and develop strategies for liquidity events, aligning with long-term business goals.

Yes, Hissa Fund can manage multiple liquidity events, providing consistent solutions that help employees liquidate their ESOPs over time, especially in growing companies with different funding stages.

The fund offers unique non-linear returns by investing in exercised stock options from growth-stage startups, bypassing the typical J-curve of venture capital investments.

Hissa Fund invests in ESOPs of Series B+ companies, giving employees an opportunity to liquidate their equity before a major liquidity event like an IPO or acquisition.

Hissa Fund ensures a fast, T+5 settlement cycle, providing efficient liquidity through a digitized equity management platform.

Investors can expect non-linear returns, benefiting from early-stage ESOP investments that bypass the traditional J-curve and accelerate returns.

Hissa Fund uses industry-standard valuation methodologies to assess ESOP values, ensuring fair and transparent pricing for both employees and investors.

The exit strategy for investors typically revolves around the liquidity events of the underlying startups, such as an IPO or acquisition. Investors can expect to see returns as these events unfold.

Hissa Fund manages risk through a diversified investment approach, using thorough due diligence and industry-standard valuation methods to assess the potential of companies and their employees’ ESOPs.

Hissa Fund focuses on the intrinsic value and growth potential of businesses across industries, enabling it to seize diverse investment opportunities without sector limitations.

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13,000

13,120 (0.12%)

Hissa INDEX

New8 Jun 24

Fund Overview

Learn about our liquidity offerings for your shares

Hissa Managed Services

Share Issuance, Transfers, Buyback, Regulatory Compliances (MCA, RBI) & Investment Agreements, ESOP Compensation Structuring, Design and Implementation & Valuations