500 Swiggy staffers to turn crorepatis

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Around 500 Swiggy employees are set to become crorepatis as the food delivery platform prepares for its stock market debut. The IPO is expected to create an Rs 8,690-crore windfall through ESOPs, benefiting 5,000 current and former employees. This move follows similar successful ESOP buyback schemes by companies like Flipkart and Freshworks.