Venture Intelligence (TSJ Media Pvt. Ltd.)
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Foodtech co. Swiggy announces ESOP buyback worth $65-M ahead of IPO
Foodtech platform ?Swiggy? has announced a liquidity event of stocks worth USD 65 million (INR 543.5 crore) granted under its Employee Stock Ownership Plan (ESOP) as it gears up for an IPO.The liquidity event is a part of a secondary transaction valuing the company in the range of USD 9 billion to USD 10 Billion. This is the fifth ESOP liquidity programme undertaken by Swiggy.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.