“This is a large, complex, regulated business. There is an obvious need to incentivize the key leadership that has built and scaled the business to its current state. The stability of the management team is a qualitative factor investors will evaluate alongside the financial metrics,” said Siddarth Pai, founding partner, CFO and ESG officer at venture capital firm 3one4 Capital.
PhonePe created $10bn value in 10 years. Esop holders to pocket $1.4bn of that
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