menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Swiggy's I...
source image

Startup Pedia

1d

read

320

img
dot

Image Credit: Startup Pedia

Swiggy's IPO Debut Setting Record by Making 500 Employees "Crorepatis"

  • Swiggy's IPO debut on the NSE creates history as it distributes ₹9,000 crore among its 5,000 long-serving employees.
  • The IPO makes approximately 500 Swiggy employees millionaires through Employee Stock Ownership Plans (ESOPs).
  • Founders and senior executives, including CEO Sriharsha Majety, are expected to benefit significantly from the IPO.
  • Swiggy's IPO valuation of Rs 11,300 crore indicates high investor interest in the company's prospects.

Read Full Article

like

19 Likes

For uninterrupted reading, download the app