Swiggy Launches Second Phase of $50M ESOP Liquidity Program

  • Foodtech company Swiggy has initiated its second $50 million ESOP liquidity program, a commitment it announced in 2021.
  • Eligible employees from Dineout, acquired by Swiggy last year, will participate in this fourth liquidity event.
  • This move by Swiggy contributes to the resurgence of confidence in the startup ecosystem amidst financial instability and mass layoffs.
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