Back

Mohammed Zaid

Building-HatchUp.ai • 4m

Around 70 former and current Swiggy employees stand to make over ₹8.5 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 ₹9,000 crore via ESOP payouts. Swiggy shares debuted on NSE and BSE at premiums of 7.7% and 5.6%, respectively, on Wednesday.

0 replies5 likes

More like this

Recommendations from Medial

Image Description
Image Description

financialnews

Founder And CEO Of F... • 4m

Swiggy shares list at ₹420 on NSE, opening 7.7% above IPO price in a highly anticipated debut Swiggy's IPO debuted at ₹420 on NSE, up 7.7% from its issue price. The IPO was oversubscribed 3.59 times, attracting significant interest from institutiona

See More
4 replies4 likes
Anonymous
Image Description

As the labour department received many emails from former Byju's employees regarding full and final settlements, Karnataka Labour Minister Santosh Lad met representatives of the troubled edtech firm and urged them to settle outstanding dues owed to f

See More
1 replies11 likes
Image Description
Image Description

Havish Gupta

Figuring Out • 11m

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

See More
16 replies15 likes
1
Image Description

Vikas Acharya

Building WelBe| Entr... • 1m

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 replies6 likes

Havish Gupta

Figuring Out • 18d

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
0 replies15 likes
1

Harsh Dwivedi

 • 

Medial • 4m

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
0 replies48 likes
2
Image Description

Mohd Rihan

Student • 23d

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 replies13 likes
2
Image Description

Harsh Dwivedi

 • 

Medial • 11m

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 replies43 likes
2
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 1m

Top News of the Day: 1. ChatGPT on WhatsApp gets major update: Image and voice inputs now supported 2. Paytm hit with second GST demand, total liability reaches Rs 8.66 Cr 3. Wingify’s Paras Chopra eyes India's new tech subsidy to bootstrap new AI

See More
2 replies31 likes
6

Harsh Dwivedi

 • 

Medial • 8m

Top News of the Day: 1. IPO-bound food delivery giant Swiggy has made key executive appointments ahead of its public listing. 2. YouTube app and website down for some users in India 3. India’s pet retail on its way up as Upstox founders invest in

See More
0 replies47 likes
1

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