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SWIGGY ESOP 2024
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...- Lenskart's Bansal set to join list of founders with pre-IPO stake boostsLenskart may issue shares to CEO Peyush Bansal, potentially increasing his stake by 1.5-2%. This mirrors a trend among tech firms rewarding...
- Ather’s D-Street debut; Paytm's muted Q4 earningsAther Energy promoters and backers doubled returns despite a weak debut. This and more in today’s ETtech Top 5.
- Swiggy shares may face near-term pressure as lock-in expiry looms, JM Financial retains buy ratingSwiggy shares: JM Financial has estimated that if only 15% of the locked-in shares are sold after the lock-in period expires, it could lead...
- 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.
- Startups seek tax relief; HUL’s Rs 3,000 crore Minilmalist betThe startup sector wants taxes on Esops simplified in this year’s Budget. This and more in today’s ETtech Morning Dispatch.
- 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...
- Zepto’s cash burn; Razorpay grants EsopsZepto’s moves in the high-stakes quick commerce sector will determine how the sector evolves. This and more in today’s ETtech Top 5.
- Prosus invests $80 million in supply chain finance startup Mintifi for 10.6% stakeProsus has invested around $80 million for a 10.6% stake in Mintifi, a leading Indian supply chain finance fintech. Mintifi partners with c...
- Senior executives flock to startups poised for public market gloryMany of these people, from both within the startup sector and outside, are exploring opportunities at companies that are likely to hit the ...
- As 500 Swiggy employees turn crorepatis after share listing, Zomato CEO Deepinder Goyal has an observation for them basis his experienceSwiggy's IPO created many new millionaires. Zomato's CEO Deepinder Goyal had warned about the challenges of sudden wealth. He said Zomato e...
- 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...
- Rs 9k-crore bonanza for Swiggy employees; crackdown on pro-Khalistan contentHappy Wednesday! Swiggy's employees are all set for big Esop gains as the company lists on the bourses today. This and more in today's ETte...
- Swiggy’s Rs 9,000-crore Esop windfall; SoftBank’s Rajeev Misra to exitSwiggy's mega IPO is set to unlock Rs 9,000 crore in wealth for its employees. This and more in today’s ETtech Top 5.
- 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...
- Nykaa's q-comm entry; TN’s probe into Tata plant fireHappy Wednesday! Quick commerce is spreading across categories as Nykaa and Licious launch rapid delivery pilots. This and more in today’s ...
- Zomato grants Rs 330 crore in stock options to employees via ESOPsZomato, the renowned food delivery platform, announced the grant of nearly 12 million stock options valued at Rs 330.17 crore under its ESO...
- How GenAI is aiding Indian GCCs; AI funding dipHappy Tuesday! India's global capability centres are evolving into front offices for multinational corporations. This and more in today’s E...
- 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...
- HNIs, startup founders' demand for super luxury homes in Bengaluru causes scarcityThe scarcity of luxury homes in Bangalore's Silicon Valley is posing a challenge for high-net-worth individuals, including startup founders...
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