Sciative rolls out Employee Stock Ownership Plan for young team members
Mumbai, 03rd December 2021: Sciative, a dynamic pricing company offering AI powered automated price optimization systems, recently rolled out ‘ESOP Grant Letters of Sciative Solutions - We Price Right’ to empower the intelligent, capable and young team members who are an integral part of the company. This step highlights Sciative’s confidence in its brilliant team members and their outstanding potential.
This happy and proud moment brings along a new perspective for the company’s founders as well as its young employees. The intense dedication towards their work, next-level creativity and love for what they do has landed these young professionals an opportunity of their lifetime.
The young shareholding team is revolutionizing dynamic pricing for over 25% of the Indian intercity bus ticket market. They are also helping drive dynamic pricing for the most complicated and diverse television channels in India along with successfully enabling pricing for over 200 most prestigious brands globally where Sciative’s prices power products ranging from handbags to shoes, electronics to home décor, and many more. At the top of these achievements, the team is building cutting edge SaaS products that intelligently price over 3 billion products and services daily.
Proud and elated, Dr. Anshu Jalora, Founder and MD of Sciative, commented, “This is a moment of pride for us. The vision with which we founded Sciative could not become a reality without the support of our incredible team. We have rolled out ESOP not only to inculcate a feeling of ownership among these young team mates but also as a gesture of gratitude towards the remarkable work they have done to take Sciative to greater heights.”
Adding to this, Ms. Vijeta Soni, Co-Founder & CEO of Sciative, said, “In 2017, we started Sciative with a motive to enable every business price right every time. Today, we have come a long way in achieving this and the credit for this goes to our young and dynamic team. Their capabilities have enabled us to make transformational products which are revolutionizing pricing across industries.”