Swiggy Awards USD 270 Mn in ESOPs
Swiggy’s Sriharsha Majety, others in top deck get $200 million in ESOPs ahead of IPO
IPO-bound food-tech giant Swiggy has given employee stock ownership plan (ESOPs) worth $270 million (around Rs 2,240 crore) to its co-founder and group CEO Sriharsha Majety and other top executives ahead of the listing scheduled for later this year, the company’s updated draft red herring prospectus (DRHP) showed.
Analysts see enough demand in the market for Swiggy’s IPO. However, a valuation discount will increase the interest for its ...
The benefits could be significant though. “It signals that Swiggy has established itself as a brand with a competitive edge,” ...
Motilal Oswal Financial Services analysed Swiggy and Zomato's competitive landscape, noting that Zomato is the current market ...
Goyal, in an interview to Moneycontrol, said that navigating public markets is easier as companies get to think more long ...
Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food ...
Talks held between the representatives of Andhra Pradesh Hotels’ Association (APHA) and the team from the food delivery app ...
SoftBank-backed Indian food delivery company Swiggy received shareholders' approval to use a provision that will allow it to ...
Reliance Retail launches quick commerce with groceries from 3,000 stores, planning to expand to fashion and electronics via ...
Swiggy's sponsorship deal comes with a key condition, Zomato Founder and CEO Deepinder Goyal must not return as an investor ...
Rohit Kapoor commended Deepinder Goyal for highlighting the issue, calling it an essential matter for delivery partners, and ...
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