Home Business Zomato’s Goyal donates ₹700cr ESOP proceeds

Zomato’s Goyal donates ₹700cr ESOP proceeds

Zomato’s Goyal donates ₹700cr ESOP proceeds

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BENGALURU: Zomato co-founder and CEO Deepinder Goyal mentioned he’s donating proceeds from vesting a few of his ESOPs value Rs 700 crore to Zomato Future Foundation (ZFF).
“Proper earlier than we went public, I used to be granted some ESOPs by our buyers/ board, foundation my previous efficiency and a few of these ESOPs vested final month as a result of there is a minimal one-year vesting required in accordance with legislation,” Goyal mentioned in a letter to staff.

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