Other key leaders, including co-founders Nandan Reddy and Phani Kishan, food marketplace CEO Rohit Kapoor, Swiggy Instamart head Amitesh Jha, CFO Rahul Bothra, HR head Girish Menon, and CTO Madhusudhan Rao,

IPO-bound food and grocery delivery service Swiggy has granted employee stock options (ESOPs) worth $271 million to its founders and top management under a new stock-based compensation plan introduced in April,

Of this, the food and grocery delivery major’s founder and group CEO Sriharsha Majety gets $200 million worth Esops. The Esop 2024 scheme comes with a vesting period of one to eight years from the date of the grant.

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.