Ninjacart Expands ESOP Pool With Fresh Equity Shares

Ninjacart has expanded its ESOP pool by 36%, adding 2,397 new equity shares to increase the total from 6,522 to 8,919 shares

The agritech startup received shareholder approval through a special resolution at an EGM on January 17, 2025, without affecting existing shareholding percentages

The move comes amid Ninjacart’s strong financial performance with 74% revenue growth to INR 2,002.7 Cr in FY24, following similar ESOP expansions by tech companies like FirstCry, BlackBuck, and Swiggy

B2B agritech startup Ninjacart…