Swiggy’s $271 mn Esop plan benefits top brass before $1.25 bn IPO launch
Food and grocery delivery giant Swiggy, which is gearing up for its highly anticipated initial public offering (IPO), has earmarked a substantial $271 million in employee stock options (Esops) for its founders and senior executives as part of its latest stock-based compensation plan, as revealed in its pre-listing prospectus.
This Esops plan underscores Swiggy’s commitment to rewarding its leadership team as it prepares to go public.
