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Swiggy to make stock market debut, see employees earn crores

  • Swiggy is making its stock market debut today with an IPO.
  • Around 5,000 employees are set to become 'crorepatis', earning Rs 9,000 crores through the employee stock option (ESOP) payout.
  • Swiggy's IPO was subscribed over three times in the primary market, raising Rs 5,000 crores from investors.
  • The capital raised will be used to promote business, advance tech, and improve infrastructure and marketing.

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