Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
Swiggy rolls out Rs 150 crore in fresh Esops under 2024 planSwiggy has granted fresh employee stock options worth around Rs 150 crore under its Esop 2024 plan, according to a regulatory filing. The m...
Swiggy allocates 2.61 crore shares to staffSwiggy has rolled out three Esop plans so far—one each in 2015, 2021 and 2024. This aggregates to a pool of almost 230 million shares.
Year in Review: There’s an Esop fable in Startup Inc’s IPO runInitial public offerings of eight new-age internet companies in 2024 revealed a significant disparity in wealth creation between startup fo...
Swiggy IPO: 9 executives who will make the most from ESOP windfallSwiggy's much-anticipated IPO debut on Wednesday has resulted in significant wealth creation for its employees, unlocking approximately Rs ...
Swiggy’s IPO to unlock Rs 9,000 crore in Esop wealth for 5,000 employeesSo far, Swiggy has distributed Rs 500 crore in Esops, and the public listing could significantly boost returns for employee shareholders. S...
IPO-bound Swiggy grants $271 million Esops to founder Sriharsha Majety, top managementOf this, the food and grocery delivery major’s founder and group CEO Sriharsha Majety gets $200 million worth Esops. The Esop 2024 scheme c...
IPO-bound Swiggy announces fifth Esop plan worth $65 millionSwiggy has cumulatively enabled over Rs 1,000 crore of Esops liquidity over the five events, benefiting more than 3,200 employees. Girish M...
Swiggy announces $65 million ESOP programme for employees ahead of IPOAs part of the scheme, Swiggy employees across all levels and functions will have the opportunity to receive up to $65 million in liquidity...
Titan to buy CaratLane employees’ ESOPs for around Rs 350 croreThe company has around 1,700 employees, and its ESOP pool holds around 1.5% stake. Following the purchase of Sacheti’s 27.18% stake in Cara...
Swiggy announces second tranche of $50 million optional Esop buyback at lowered valuationAbout 2,000 employees, including those who transitioned from Dineout after its acquisition by Swiggy, will be eligible for the second tranc...
Swiggy's staff can get cumulative $50 million under ESOP planSwiggy, the Indian food and grocery delivery firm, will purchase shares worth over $50m from 2,000 employees in its next employee stock own...
Esop plan: Swiggy employees to get liquidity of up to $23 millionOver 900 people will be eligible to participate in this round, while over 1,800 eligible employees can take part in the next round of Esop ...
Swiggy announces $35-40 million liquidity programme for employee stock optionsThe programme is pegged at $35-40 million at Swiggy's $5.5 billion valuation following its $1.25 billion funding round in July, according t...
Swiggy and Meesho offer their staff new Esops buyback optionSeveral companies including Flipkart, Urban Company, Unacademy, Moglix, Oyo, and Razorpay have gone in for stock buybacks in the recent pas...
Swiggy undertakes Esop liquidity worth about $7-9 millionFamily offices of leading industrial houses in India and a few HNIs are buying out these shares.