Jupiter Expands ESOP Pool by Rs 40 Crore Amid Growth Efforts

Neobanking platform Jupiter has expanded its employee stock option plan (ESOP) pool by Rs 40 crore (approximately $5 million). The issuance of 21,665 ESOP options priced at Rs 18,826.29 each increases Jupiter’s total ESOP pool to 7.89% of its share capital. This move aligns with Jupiter’s product portfolio expansion and recent strategic funding efforts.