IPO-Bound Swiggy Initiates Fifth ESOP Liquidity Programme Worth $65 Mn

 IPO-bound foodtech major Swiggy has initiated its fifth employee stock option plan (ESOP) liquidity programme worth $65 Mn (about INR 543.5 Cr) 👇

In a statement, the startup said that the programme will allow employees at all levels and functions to get liquidity on their ESOPs.

This is among the biggest ESOP liquidity programmes announced by the startup. To date, the company has facilitated over INR 1,000 Cr in ESOP liquidity via five such programmes, benefiting more than 3,200 employees.

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Credit - Inc42 Media