Swiggy to buy back ESOPs worth $23 million to incentivise 900 employees - Moneycontrol

Swiggy, which had raised $700 million in January this year, at a valuation of over $10 billion, had rolled out a two-year ESOP liquidity program worth $35-40 million in October last year.

Food and grocery delivery platform Swiggy will be buying back shares worth $23 million issued under its employee stock option program (ESOP) from about 900 employees in a bid to incentivise them. Sw… [+1140 chars]

full article...