Swiggy IPO to unlock Rs 9K-crore benefits for employees

In one of the biggest wealth creation exercises in the startup ecosystem, the current and former employees of Swiggy are set to receive a Rs 9,000-crore windfall once the food delivery and quick commerce player goes public on Wednesday.

According to sources, as many as 5,000 employees (current and former) are expected to benefit from the listing. Reports suggested that 500 employees are expected to become crorepatis.