Indian startups are giving their employees reason to cheer in the festive season.
10 Indian startups have generated well above $5 billion for their employees through Employee Stock Option Plans (ESOP), reported LiveMint. Here is a look at some of them:
1# Zomato, which had an ESOP pool of $745 million at the time of the IPO. With the bumper entry into the market, the ESOP value more than doubled and stood at over $1.5 billion on Friday.
2# Hotel aggregator platform Oyo, which is valued well above $10 billion, has an ESOP pool of about $1.1 billion.
3# Online pharmacy PharmEasy, have reportedly allotted cumulative options worth over $1 billion to their employees.
4# Digital payment platform Paytm, the most valued Indian startup, comes with an ESOP pool worth $899 million.
5# Other startups such as logistics unicorn Delhivery, classifieds platform CarTrade and beauty product marketplace Nykaa reportedly boast an aggregate ESOP pool of $566 million.