The Swiggy IPO Will Make 500 People Billionaires: Exposing The ESOPs Profitability
What has people talking in the Indian startup ecosystem is the initial public offering (IPO) of swiggy, which has been highly awaited and promises legitimacy in its wake. As the online food delivery behemoth is set to list itself on November 13th 2024, it assures its workers of great monetary if not much tetter earnings under the employees stock options plan (ESOPs). Reports state that 500 employees of Swiggy will graduate to being crorepati134emporarily due to the commitment and the contribution as shareholders of the company towards the growth of the brand.