Razorpay grants employees Rs 1L ESOPs to mark 10 years of operation
By
Binu Mathew
BENGALURU: Fintech major Razorpay is awarding employee stock option plans (ESOPs) worth Rs 1 lakh to all its current employees as part of its 10 years celebration. For many employees, this marks their first-ever ESOP allocation.
ESOPs have long been a valuable means of wealth creation in the start-up ecosystem. Razorpay said it believes that employees are the driving force behind its growth, and ESOP allocations show appreciation for their contributions.