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Informative

Innoviti Eyes IPO In 12 Months, Allots Fresh ESOPs Worth INR 25 Cr

Update / Judgement Date

16 Jan 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Start-Up & DPIIT

Innoviti Eyes IPO in 12 Months, Allots Fresh ESOPs Worth INR 25 Cr: Innoviti, a payments technology company, plans to go public within the next 12 months and has issued fresh Employee Stock Option Plans (ESOPs) worth INR 25 crore to its employees. The move is part of the company's strategy to boost employee engagement and retain talent as it prepares for its Initial Public Offering (IPO). The company aims to strengthen its position in the payments ecosystem by expanding its reach and offering innovative solutions. The ESOP issuance highlights the company's commitment to its workforce as it heads toward its public listing.