<p>Online food-delivery platform Swiggy on Thursday said its employees will have the option to receive liquidity of up to $23 million against their employee stock ownership plans (ESOPs).</p>.<p>Swiggy announced the next round of ESOP liquidity to be held in July 2023.</p>.<p>This enables employees holding ESOPs to create wealth alongside the growth and success of the brand, the company said in a statement.</p>.<p>"We are happy seeing the wealth created for employees from the recent ESOP liquidity event," said Girish Menon, Head of HR at Swiggy.</p>.<p>"Taking this further, we are delighted to now extend the opportunity to own Swiggy ESOPs to all employees through our build your own dollar (BYOD) programme," he added.</p>.<p>Under the BYOD programme, Swiggy employees across the company can choose to invest in ESOPs which were earlier offered to employees above a certain grade and/or based on performance.</p>.<p>The BYOD programme is now open to all permanent employees of Swiggy, said the company.</p>.<p>Founded in 2014, Swiggy connects consumers to over 2,00,000 restaurant partners and stores in over 500 cities.</p>.<p>Its quick commerce grocery service Instamart is present in 29 cities. In December 2021, Swiggy announced to pour $700 million into Instamart.</p>.<p>Last month, Swiggy acquired Dineout, a dining out and restaurant tech platform, for nearly $200 million.</p>
<p>Online food-delivery platform Swiggy on Thursday said its employees will have the option to receive liquidity of up to $23 million against their employee stock ownership plans (ESOPs).</p>.<p>Swiggy announced the next round of ESOP liquidity to be held in July 2023.</p>.<p>This enables employees holding ESOPs to create wealth alongside the growth and success of the brand, the company said in a statement.</p>.<p>"We are happy seeing the wealth created for employees from the recent ESOP liquidity event," said Girish Menon, Head of HR at Swiggy.</p>.<p>"Taking this further, we are delighted to now extend the opportunity to own Swiggy ESOPs to all employees through our build your own dollar (BYOD) programme," he added.</p>.<p>Under the BYOD programme, Swiggy employees across the company can choose to invest in ESOPs which were earlier offered to employees above a certain grade and/or based on performance.</p>.<p>The BYOD programme is now open to all permanent employees of Swiggy, said the company.</p>.<p>Founded in 2014, Swiggy connects consumers to over 2,00,000 restaurant partners and stores in over 500 cities.</p>.<p>Its quick commerce grocery service Instamart is present in 29 cities. In December 2021, Swiggy announced to pour $700 million into Instamart.</p>.<p>Last month, Swiggy acquired Dineout, a dining out and restaurant tech platform, for nearly $200 million.</p>