Swiggy launches $65 million Esops liquidity programme ahead of IPO

Food delivery giant Swiggy, backed by the likes of Softbank, Prosus, and Invesco, has rolled out its fifth employee stock options (ESOPs) liquidity programme, valued at $65 million. This move aims to retain talent and foster loyalty among its workforce as Swiggy navigates a slowing market and intensifying competition, all while preparing for a public listing.