Swiggy's 70 employees to make over ₹8.5 crore each with IPO: Report

Around 70 former and current Swiggy employees stand to make over ₹8.5 crore each ($1 million) with Swiggy's IPO, making them dollar millionaires, Moneycontrol reported. These 70 people are part of a wider group of 5,000 employees jointly earning ₹9,000 crore via ESOP payouts. Swiggy shares debuted on NSE and BSE at premiums of 7.7% and 5.6%, respectively, on Wednesday.