Meesho announces 'ESOP for all' with its latest MeeSOP programme for staff

The SoftBank-backed internet commerce platform is enabling all employees to own company shares and participate in the growth story

Meesho, a fast-growing internet commerce platform has now introduced an annual MeeSOP programme to take this commitment forward and facilitate greater ownership for all its employees. The SoftBank-backed firm has about 1,200 employees.

Meesho has enabled wealth creation through a second ESOP (Employee stock ownership plan)  liquidity in less than a year.

Under the programme, every full-time employee, irrespective of their tenure in the company or their seniority will be able to convert a maximum of 25 per cent of their annual CTC into ESOPs, subject to a minimum of Rs 50,000. ESOPs thus granted, would be greater than 100