Fintech unicorn Razorpay said it has launched its fourth and largest Employee Stock Ownership Plan (ESOP) sale for its 650 existing and former employees as part of a $75 million (Rs 578 Crore) transaction, irrespective of ranks. This is led by key investor Lightspeed Venture Partners, along with participation from Moore Strategic Ventures, who will subsequently join the company’s cap table. The move is in keeping in line with building an employee-centric workplace.
“Today, we take this opportunity to honour our team but really, the honour is Shashank’s (Kumar, co-founder) and mine. The last two years have been challenging for