Swiggy Drops a $52 Million Surprise on Its Employees! In a bold move that’s turning heads across the startup world, India’s food delivery powerhouse Swiggy has just granted
In a bold move that’s turning heads across the startup world, India’s food delivery powerhouse Swiggy has just granted fresh stock options worth a jaw-dropping $52 million (₹443.4 crore) to its team.
That’s right — while most of us are ordering dinner, Swiggy is dishing out millions to its employees. And this might be just the start of something much bigger.
So what’s really going on behind the scenes?
According to a recent filing with the National Stock Exchange (NSE), Swiggy’s Nomination and Remuneration Committee passed a circular resolution to grant a fresh batch of 12,896,462 Employee Stock Options (ESOPs).
Each of these stock options will eventually convert into equity shares — essentially giving employees a real stake in the company’s future success.
And based on Swiggy’s current valuation, that adds up to a massive $52 million payout in potential value for the people powering the brand.
In simple terms, ESOPs = Employee Stock Options.
They let employees buy shares in the company at a set price, often lower than the market value. If the company does well, the stock price rises — and employees can make serious money.
This isn’t just a bonus. It’s a wealth-building opportunity. And in Swiggy’s case, it sends a loud and clear message:
“We’re betting on our people — and we want them to win big with us.”
This isn’t Swiggy’s first time handing out big equity. Just three months ago, the company allotted 2.61 crore shares under various ESOP schemes.
And now, with this latest grant, the total number of employee-held shares continues to climb — alongside Swiggy’s ambition.
In fact, Swiggy’s paid-up equity share capital has already risen from ₹2.23 crore to ₹2.26 crore, reflecting the increasing employee ownership in the company.
The timing of this ESOP grant isn’t random.
Swiggy recently invested ₹1,000 crore in its subsidiary Scootsy Logistics, a strategic arm that’s now doing some serious heavy lifting.
Here’s the kicker:
Scootsy contributed 42% of Swiggy’s total revenue in the last quarter alone. That’s nearly half of all Swiggy’s money coming from one internal unit.
With such strong growth coming from logistics and quick commerce, Swiggy is clearly positioning itself beyond just food delivery.
Let’s talk numbers.
In Q3 FY25, Swiggy recorded a 31% year-on-year revenue jump, pulling in ₹3,993 crore — up from ₹3,049 crore in Q3 FY24.
But with rapid growth comes growing pains.
Swiggy’s losses also climbed 39.2%, hitting ₹799 crore in the same period.
The company hasn’t yet released its Q4 FY25 financials, but all eyes are now on how it balances expansion with profitability.
Still, with bold investments, rising revenues, and employee rewards like this — it’s clear Swiggy is playing the long game.
This $52 million ESOP move isn’t just a feel-good reward for employees — it’s a strategic play:
And if Swiggy goes public in the next few years (as rumors suggest), today’s ESOP holders could become tomorrow’s startup millionaires.
Swiggy isn’t just delivering food anymore — it’s delivering ownership.
This latest $52 million ESOP grant is a signal that the company isn’t just chasing market share. It’s investing in the people building the business every single day.
In a world where companies often talk about valuing employees, Swiggy just put its money where its mouth is.
And if you’re watching India’s startup scene, one thing is clear:
Swiggy’s next big delivery could be an IPO — and the team behind it is already at the table.
