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Informative

IPO-Bound PhonePe Initiates ESOP Buyback Worth INR 800 Cr

Update / Judgement Date

11 Sept 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Other Legal MattersStart-Up & DPIIT

PhonePe has initiated an ESOP buyback worth ₹800 crore. This move provides employees with an opportunity to monetize their stock options and also serves as a talent retention tool. The move is a significant step towards a more user-friendly and less intrusive business environment, is aimed at promoting business growth while being sensitive to the practical difficulties faced by businesses. This is a crucial reminder to all businesses that they must be diligent in their dealings.