500 Swiggy staffers to turn crorepatis

Around 500 Swiggy employees are set to become crorepatis as the food delivery platform prepares for its stock market debut. The IPO is expected to create an Rs 8,690-crore windfall through ESOPs, benefiting 5,000 current and former employees. This move follows similar successful ESOP buyback schemes by companies like Flipkart and Freshworks.