BrowserStack, the world’s leading software testing platform, has announced a $125 million ESOP and share buyback programme for its employees and early investors, reinforcing its long-standing commitment to wealth creation. Through this initiative, the company will benefit more than 500 current and former employees, along with early backers who played a pivotal role in its journey.
Notably, this transaction marks BrowserStack’s third share buyback and stands among the largest ESOP buyback programmes in the Indian startup ecosystem. With the completion of this round, the company’s cumulative buyback value now exceeds $275 million across three programmes, underlining its consistent focus on employee ownership.
Importantly, BrowserStack has funded the entire buyback through internal accruals, supported by strong and sustained profit generation. As a result, the company continues to create meaningful long-term value for stakeholders who have contributed to its growth and success.
Reflecting on the company’s journey, Ritesh Arora, Co-founder and CEO of BrowserStack, said, “We started in a small coffee shop with a simple idea, and the people who joined us early on are the reason we are here today.” He further added, “Seeing our team members build their lives and futures alongside the company is the most rewarding part of building together. As we scale AI-driven innovation, we want our team to feel the same ownership and pride that Nakul and I do every single day.”
Meanwhile, the buyback announcement coincides with BrowserStack’s transformation from a testing infrastructure provider into a comprehensive End-to-End (E2E) testing platform. Over time, the company has expanded its product portfolio from five offerings to 21 products, creating a unified testing stack that spans the entire testing lifecycle—from functional, accessibility, and visual testing to test management and debugging.
At the same time, BrowserStack is deploying its profits strategically to accelerate growth and market consolidation. The company is actively exploring acquisitions of developer tool startups, leveraging strong cash flows to strengthen its position, following recent acquisitions such as Requestly and Bird Eats Bug.
Looking ahead, BrowserStack plans to roll out the buyback programme over the coming weeks, with eligible participants receiving detailed information directly from the company.
