Softbank-backed ecommerce startup Meesho has initiated an employee stock ownership plan buyback programme of Rs 200 crore ($25 million). This marks the company’s largest ESOP buyback pool to date, generating wealth creation for over 1,700 employees. Meesho bought back shares worth $1 million in February 2020, $5 million in November 2020, and $5.5 million in October 2021.