Razorpay announces ESOPs of ₹1 lakh each for all 3K employees
Business Standard|December 24, 2024
Fintech unicorn Razorpay on Tuesday announced that it was offering employee stock ownership plan (ESOP) worth ₹1 lakh each to all its existing employees to mark its one decade in operations.
AJINKYA KAWALE

At present, the Bengaluru-based company has an employee base of over 3,000. This translates into a total ESOP value of over ₹30 crore.

The latest announcement comes over two years after the company announced an ESOP buyback worth $75 million for 650 employees. An ESOP refers to a share of the company offered to employees that can be encashed after a specific period at a set price.

This story is from the December 24, 2024 edition of Business Standard.

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This story is from the December 24, 2024 edition of Business Standard.

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