HomeBusinessIn FY23, Policybazaar will incur ESOP costs of 560 crore.

In FY23, Policybazaar will incur ESOP costs of 560 crore.

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By lapaasindia
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  • Employee stock option (ESOP) costs for insurance aggregator platform Policybazaar will be 560 crore in FY23, the business announced during an earnings call.
  • The corporation also stated that over the following several years, the cost of the ESOPs given in October of last year will steadily decrease.
  • Three senior executives of Policybazaar received ESOPs valued $1,044 crore in FY22.

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