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2 mins read
Swiggy makes a grand debut, stock surges 10% on first day of listing
Food delivery giant Swiggy debuted on the Indian stock market with its shares listing at a premium …
1 min read
Swiggy initiates ESOP liquidity worth $23 million, all employees now eligible
Swiggy announced the next round of ESOP liquidity to be held in July 2023. This enables emplo…
4 mins read
Explained: What accepting ESOPs, especially if joining a start-up, might entail
However, the world of ESOPs may not all be as rosy as it seems at first glance. ESOPs work in a cer…
3 mins read
Swiggy co-founder says over-hiring a mistake as he fires 380 employees
Swiggy is a foodtech startup that is firing 380 employees as part of a restructuring exercise. The …
2 mins read
Ashneer Grover blames Zomato's Blinkit acquisition for its share price fall
Former BharatPe Co-founder and managing director Ashneer Grover said on Tuesday that Zomato should …
2 mins read
Facebook-backed Meesho is the latest to roll out an ESOP buyback plan worth $5 million
Facebook-backed social e-commerce platform Meesho has rolled out an Employee Stock Ownership Plan (…
3 mins read
NASSCOM says Budget 2021 should ensure ESOPs are taxed only when shares are sold
When India’s Finance Minister Nirmala Sitharaman announced tax relaxations for Employee Stock Owner…
2 mins read
FarEye is the latest to buy back shares from employees — to liquidate ESOPs worth over ₹5 crore
Indian logistics platform FarEye is the latest to dole out rewards for employees by announcing a li…
1 min read
The $3.6-billion Swiggy follows Zomato— the food delivery firm lays off 1100 employees as Covid-19 squeezes business
“We unfortunately have to part ways with 1100 of our employees spanning across grades and functi…
3 mins read
Swiggy to lay off 1,100 employees due to COVID-19 impact
"While this crisis has impacted our core business negatively, there is no doubt that we are now at…
PTI
3 mins read
Early-stage startups keen on hiring for mid and junior roles: FICCI-Randstad survey
A survey by industry body FICCI and HR services firm Randstad India says that early-stage startups …
2 mins read
Deepinder Goyal’s stake in Zomato is now worth more than $700 million
The market value of CEO Deepinder Goyal’s stake in the newly-listed company Zomato has surged to a …
2 mins read
Pine Labs raises another $50 million ahead of its IPO
Digital payments and financial service provider Pine Labs has raised another $50 million funding, a…
2 mins read
Khatabook’s valuation touches $600 million with zero revenue to show
Bookkeeping app Khatabook’s valuation has touched $600 million even though the company is still in …
3 mins read
In India, it could be a funding autumn not winter with active funds are still closing big deals
The number of unicorns in India will increase from 122 to 200 in the next four years, according to …
5 mins read
There are a few reasons why Zomato wants $8 billion valuation from its IPO — here's a look at if it makes sense
Food delivery platform Zomato, which started as an online restaurant finder, is all set to raise $1…
7 mins read
Ashneer Grover resigns from BharatPe. This is what he had to say.
Ashneer Grover, the cofounder and managing director of BharatPe, has resigned from his position at …