Ninjacart Expands ESOP Pool With Fresh Equity Shares

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SUMMARY

Ninjacart has expanded its ESOP pool by 36%, adding 2,397 new equity shares to increase the total from 6,522 to 8,919 shares

The agritech startup received shareholder approval through a special resolution at an EGM on January 17, 2025, without affecting existing shareholding percentages

The move comes amid Ninjacart’s strong financial performance with 74% revenue growth to INR 2,002.7 Cr in FY24, following similar ESOP expansions by tech companies like FirstCry, BlackBuck, and Swiggy

B2B agritech startup Ninjacart



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Ninjacart Expands ESOP Pool With Fresh Equity Shares


SUMMARY

Ninjacart has expanded its ESOP pool by 36%, adding 2,397 new equity shares to increase the total from 6,522 to 8,919 shares

The agritech startup received shareholder approval through a special resolution at an EGM on January 17, 2025, without affecting existing shareholding percentages

The move comes amid Ninjacart’s strong financial performance with 74% revenue growth to INR 2,002.7 Cr in FY24, following similar ESOP expansions by tech companies like FirstCry, BlackBuck, and Swiggy

B2B agritech startup Ninjacart



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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