Back

Mohammed Zaid

Shitposter of Medialย โ€ขย 10m

Around 70 former and current Swiggy employees stand to make over โ‚น8.5 crore each ($1 million) with Swiggy's IPO, making them dollar millionaires, Moneycontrol reported. These 70 people are part of a wider group of 5,000 employees jointly earning โ‚น9,000 crore via ESOP payouts. Swiggy shares debuted on NSE and BSE at premiums of 7.7% and 5.6%, respectively, on Wednesday.

Reply
5

More like this

Recommendations from Medial

Image Description
Image Description

financialnews

Founder And CEO Of F...ย โ€ขย 10m

Swiggy shares list at โ‚น420 on NSE, opening 7.7% above IPO price in a highly anticipated debut Swiggy's IPO debuted at โ‚น420 on NSE, up 7.7% from its issue price. The IPO was oversubscribed 3.59 times, attracting significant interest from institutiona

See More
4 Replies
4
Image Description
Image Description

Havish Gupta

Figuring Outย โ€ขย 1y

Unique Startup Stories (11/20) Meet Skillmatics, an educational toy company funded by "Sequoia Capital". ABOUT IT โ€ข It was founded in 2016, by Devanshi Kejriwal and Dhvanil Sheth in Mumbai. โ€ข It creates educational games for children in pre-school

See More
16 Replies
1
15
Image Description

Vikas Acharya

Building WelBe| Entr...ย โ€ขย 7m

Rapido announces first ESOP liquidity program Ride-hailing firm Rapido has announced its first-ever Employee Stock Ownership Plan (ESOP) liquidation program for its current and former employees. Through this initiative, employees are eligible to

See More
2 Replies
6

Havish Gupta

Figuring Outย โ€ขย 6m

The Indian Startup Taking Over International Content In 2018, Rohan Nayak and Nishanth KS, two IIT Kharagpur alumni, along with Prateek Dixit. They had a simple idea. Create short audio episodes that people could listen to while multitasking. But

See More
Reply
1
15

Harsh Dwivedi

ย โ€ขย 

Medialย โ€ขย 10m

Top News of the Day: 1. Zetwerk, a startup, is planning to raise $1 billion through an initial public offering (IPO) after engaging in talks with JP Morgan 2. Apple Inc plans to increase its iPhone production volume to 32% and its production value

See More
Reply
2
48
Image Description
Image Description

Harsh Dwivedi

ย โ€ขย 

Medialย โ€ขย 4m

Top News of the day: 1. British International Investment (BII) has invested $100 million in ReNew Energyโ€™s solar manufacturing unit in India 2. India is projected to have 123 million electric vehicles (EVs) on the roads by 2032 in a best-case scena

See More
3 Replies
8
25
Image Description

Mohd Rihan

Student| Passionate ...ย โ€ขย 6m

BIOGRAPHY OF VISHAL MART FOUNDER Ram Chandra, A handicapped who sell Vishal Mega Mart in 70 cr now owns Rs1000 crore company. He was disabled since birth, began his life with a small business and opened a photostat shop in 1986, where he earned only

See More
1 Reply
5
19
Image Description
Image Description

VCGuy

Believe me, itโ€™s not...ย โ€ขย 2m

The world's largest hotel chain owns zero hotels โ†’ yet generates over โ‚น10,000 crore from India alone. Here's how Marriott turned hospitality into a fee-collection business โคต๏ธ i). Marriott owns 'virtually nothing' in India. No land, no buildings, no

See More
4 Replies
11
Image Description

Harsh Dwivedi

ย โ€ขย 

Medialย โ€ขย 1y

Top News Of the Day: 1. Tesla plans to lay off 6,020 employees in Texas and California as part of its strategy to address slowing demand and falling margins. 2. Boba Bhai,a quick-service restaurant (QSR) brand focused on bubble tea and other food

See More
5 Replies
3
43

Download the medial app to read full posts, comements and news.