Zomato’s Goyal donates ₹ 700cr ESOP proceeds

BENGALURU: Zomato co-founder and CEO Deepinder Goyal said he is donating proceeds from vesting some of his ESOPs worth Rs 700 crore to Zomato Future Foundation (ZFF).
“Right before we went public, I was granted some ESOPs by our investors / board, based on my past performance and some of these ESOPs vested last month because there’s a minimum one-year vesting required according to law,” Goyal said in a letter to employees.

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