IPO, Swiggy and ESOPs
Swiggy’s Sriharsha Majety, others in top deck get $200 million in ESOPs ahead of IPO
IPO-bound food-tech giant Swiggy has given employee stock ownership plan (ESOPs) worth $270 million (around Rs 2,240 crore) to its co-founder and group CEO Sriharsha Majety and other top executives ahead of the listing scheduled for later this year, the company’s updated draft red herring prospectus (DRHP) showed.
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