Swiggy has launched a $65 million ESOPs liquidity programme, its fifth since 2018, benefiting staff across levels. The company has enabled over Rs 1,000 crore in ESOP liquidity for 3,200 employees over five events. This move comes as Swiggy prepares for its IPO, aiming to raise approximately $1.25 billion.
Deepinder Goyal, Zomato’s founder and CEO, has become a billionaire with his holdings surpassing Rs 8,400 crore. Goyal owns a 4.19% stake in Zomato, valued at over $1 billion due to a recent surge in share price. Zomato’s market cap is now $24.25 billion, with a strong financial performance in FY24.
Miridih, a Seoul, South Korea-based company providing a SaaS-based design platform, raised $15M in Series B funding.
The round was led by Kiwoom PE, Industrial Bank of Korea(IBK), Shinhan Venture Investment, and G.N. Tech Venture Capital. With this investment, Miridih’s post-money valuation has been recognized at KRW 280 billion (approximately USD 215 million).
