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Swiggy launches ESOP liquidity program worth $23 Mn

Shortpedia

Content Team
Image Credit: Inc42

Foodtech major Swiggy has initiated its employee stock ownership option or ESOP liquidity program worth $23 million. In October 2021, Swiggy announced its $35-40 million ESOP liquidity program for 2022 and 2023. According to Swiggy, employees will have the option to receive liquidity of up to $23 million against their ESOPs. The Bengaluru-based company has announced the next round of ESOP liquidity to be held in July 2023.