FinTech company, Razorpay on its 10th anniversary has announced Employee Stock Ownership Plans (ESOPs) worth Rs 1 lakh for all its current employees. The initiative, with a total valuation exceeding Rs 30 crore, will benefit more than 3,000 employees across the company’s workforce.
Harshil Mathur, Co-founder and Chief Executive Officer (CEO), Razorpay, expressed the company’s vision behind the initiative. He stated, “While we’re proud and humbled by how far we’ve come, this 10-year milestone is only the beginning of a much larger journey. The ESOP initiative is our way of ensuring every teammate shares in the success as we continue to innovate, simplify money movement and create even greater value for businesses in India and beyond.”
Shashank Kumar, Co-Founder and Managing Director (MD), too shared his views on the company’s long-term perspective.
He said, “Razorpay was never about short-term wins but about building something meaningful over the long term. It reinforced a simple principle: do what adds value to our customers and avoid distractions like chasing trends or short-term optimizations for valuation. This culture of long-term thinking and value creation drives us to recognize and reward our team’s hard work through initiatives like granting ESOPs to all employees.”
This is not the first time Razorpay has showcased its commitment to rewarding its employees. In 2022, the company conducted an ESOP buyback campaign valued at USD 75 million, benefiting approximately 650 current and former employees.
With this latest initiative, Razorpay continues to set a benchmark for employee-centric policies, underlining its journey as a key player in the fintech ecosystem and its dedication to creating shared value.
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