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Paytm’s former and existing staff vest ESOPs worth Rs 14 Cr



Paytm’s former and existing staff vest ESOPs worth Rs 14 Cr

Paytm emerged as the largest privately valued company in India when it raised $1 billion from Ant Financial and SoftBank Vision Fund in November 2019. With regular fund infusions and an impressive valuation, the firm has also been rewarding its employees by allocating substantial stock options on several occasions.

Paytm had recently announced Rs 250 crore worth ESOPs to its high-performing employees and new hires. The firm has now allotted equity shares worth $1.83 million (around Rs 14 crore) to its employees who exercised their options vested to them under the ESOP scheme 2008.

Continue reading Paytm’s former and existing staff vest ESOPs worth Rs 14 Cr at Entrackr.



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Written by Aakash Malu

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