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 ...
Motilal Oswal Financial Services analysed Swiggy and Zomato's competitive landscape, noting that Zomato is the current market ...
Rohit Kapoor commended Deepinder Goyal for highlighting the issue, calling it an essential matter for delivery partners, and ...
Reliance Retail launches quick commerce with groceries from 3,000 stores, planning to expand to fashion and electronics via ...
SoftBank-backed Indian food delivery company Swiggy received shareholders' approval to use a provision that will allow it to ...
U.S. asset manager Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food-delivery and quick-commerce startup that is on track to ...
Swiggy's sponsorship deal comes with a key condition, Zomato Founder and CEO Deepinder Goyal must not return as an investor ...
In the buildup to its IPO, the delivery giant is dialing up the competitive fever big time with rival Zomato, which went ...
Comparing Swiggy and Zomato, MOFSL said Zomato has been gaining market share in food delivery. But, on the basis of gross ...
Unlisted firms like Hyundai, Swiggy, and NSE are not required to disclose financial statements, complicating accurate ...
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