Swiggy has initiated an ESOP liquidation program worth around $7-9 Mn to reward its employees as the food delivery business is making a recovery to pre-Covid levels
Social commerce platform Meesho has announced an ESOP buyback program worth around $5 Mn
Several Indian startups such as Unacademy, Zerodha, CarDekho, BharatPe, Vy Capital and Mobile Premier League have announced ESOP buybacks this year
Bengaluru-headquartered Indian foodtech unicorn Swiggy has initiated an ESOP liquidation program worth around $7-9 Mn (INR 51-66 Cr), to reward its employees as the food delivery business is making a recovery to pre-Covid levels.
Girish Menon, vice president of Human Resources at Swiggy said that as the food delivery business makes a recovery and “the future continues to look promising, we want to reward our team that has worked relentlessly over the last many months with a meaningful wealth creation opportunity through an ESOP liquidity program.”