Zepto, a quick commerce company, has added more employee stock options totaling more than $169 million to its current ESOP plan.

According to its regulatory filing with the Registrar of Companies (RoC), Zepto's board has approved a resolution to add 39.39 lakh ESOP options to its current plan, increasing the total ESOP pool to 122.90 lakhs.

Key Highlights

• Zepto adds 39.39 lakh new ESOPs valued at ~$169 million, raising the total pool. 
• Total ESOP pool now at ~$527 million; company extends interest-free loan to support employee subscriptions.

The newly added ESOPs are estimated to be worth approximately Rs 1,486 crore, or $169 million, bringing the total ESOP pool to Rs 4,637 crore ($527 million).

According to the documents, the company is giving the Zepto Employee Stock Option Trust an interest-free loan of up to Rs 700 crore in order to make it easier for the trust to buy or subscribe for its equity shares under the Zepto Share Option Plan I (ESOP Plan), which has been approved by the Board.

The company's $450 million Series H funding, which is led by the California Public Employees' Retirement System (CalPERS), is being accompanied by this ESOP expansion.

Filings show that GC Holdings, Gladebook, Stepstone, Springblue, Goodwater, Lightspeed, and others have contributed a total of Rs 2,562 crore, or $291 million, to the company.

Also Read: Zepto Set to Raise $500 Mn, Valuation Pegged at $7 Bn

Since its founding, the company has raised $2.3 billion, including $1.8 billion since January of last year.

Zepto's FY24 revenue of Rs 4,454 crore was more than twice as much as the FY23 revenue of Rs 2,026 crore. From approximately Rs 1,272 crore in FY23 to Rs 1,249 crore in FY24, the company's losses decreased marginally. According to documents, Zepto made Rs 11,110 crore ($1.3 billion) in FY25. The business hasn't revealed its financial results from the previous year, though.