IPO-Bound PhonePe Initiates ESOP Buyback Worth INR 800 Cr

PhonePe has launched an ESOP buyback programme worth up to INR 700 Cr to INR 800 Cr, sources told Inc42.

At least 1,000 PhonePe employees are eligible under the ESOP buyback programme, the sources said

The buyback programme comes as the company prepares to pre-file its IPO papers later this month

IPO-bound fintech unicorn PhonePe has launched an ESOP buyback programme worth up to INR 700 Cr to INR 800 Cr, sources told Inc42.

At least 1,000 PhonePe employees are eligible under the ESOP buyback programme, the sources…