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This corporate granted 4.05 lakh ESOPs ahead of Q4 results 🤯 🚀 Startup & Share Market Update for 22 May 2024 Startup News: 1. OYO in talks for new funding round at a down valuation. 2. Shadowfax adds INR 62 Cr to ESOP pool for talent retention. 3. Flipkart's grocery biz sees 1.6X growth, EVs drive deliveries. 4. KKR backs healthcare SaaS startup Infinx. 5. Spacetech startup GalaxEye's radar tech passes test flight. 6. SanchiConnect, YourNest launch INR 30 Cr deeptech accelerator. 7. Stripe to invest in SBI Payments, enters Indian market. 8. Nykaa grants 4.05 lakh ESOPs ahead of Q4 results. Share Market Update 1. NIFTY 50 gains 68.75, SENSEX up by 267.75. 2. NIFTY BANK down, NIFTY IT rises. 3. DB Corp shares hit upper circuit, Welspun surges. 4. Gulf Oil announces record dividend, Strides Pharma 🆙 5. Granules India promoter sells shares, Star Health Insurance deal soon. Exciting developments in startups and the share market! 🚀📈 Found it valuable ? Let's connect

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So basically a bunch of employees received Rs. 65 Cr distributed amongst them 😳🔥 Wealth can only be created by shares/esops!

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