Swiggy Allots 1.7 Cr Equity Shares Under ESOP

• Swiggy has launched a $65 million ESOPs liquidity programme, marking its fifth such event since 2018.
• Employees across various levels can now receive liquidity for their ESOPs in the secondary market.
• This is the third consecutive ...

• Swiggy founder, Sriharsha Majety, has been awarded a fresh package of stock options worth over $217 million ahead of the company's IPO.
• This ESOP package will increase Majety's shareholding by 2-2.3%.
• Other top executives and emp...

• Swiggy's upcoming IPO is set to create over $1 billion in wealth for nearly 5,000 current and former employees.
• The company has around 230 million ESOPs across three schemes, worth $1.06 billion at the upper end of the IPO price ban...

Swiggy was valued at $10B a couple of months back. Good luck employees waiting for ESOP buy-back in July 2023. Your shares are now worth half of what it used to be!

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