IPO-Bound PhonePe Initiates ESOP Buyback Worth INR 800 Cr

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SUMMARY

PhonePe has launched an ESOP buyback programme worth up to INR 700 Cr to INR 800 Cr, sources told Inc42.

At least 1,000 PhonePe employees are eligible under the ESOP buyback programme, the sources said

The buyback programme comes as the company prepares to pre-file its IPO papers later this month

IPO-bound fintech unicorn PhonePe has launched an ESOP buyback programme worth up to INR 700 Cr to INR 800 Cr, sources told Inc42.

At least 1,000 PhonePe employees are eligible under the ESOP buyback programme, the sources…



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IPO-Bound PhonePe Initiates ESOP Buyback Worth INR 800 Cr


SUMMARY

PhonePe has launched an ESOP buyback programme worth up to INR 700 Cr to INR 800 Cr, sources told Inc42.

At least 1,000 PhonePe employees are eligible under the ESOP buyback programme, the sources said

The buyback programme comes as the company prepares to pre-file its IPO papers later this month

IPO-bound fintech unicorn PhonePe has launched an ESOP buyback programme worth up to INR 700 Cr to INR 800 Cr, sources told Inc42.

At least 1,000 PhonePe employees are eligible under the ESOP buyback programme, the sources…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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