PhonePe created $10bn value in 10 years. Esop holders to pocket $1.4bn of that

“This is a large, complex and regulated business. There is a clear need to incentivize key leadership that has built the business and scaled it to its current state. The stability of the management team is a qualitative factor that investors will evaluate alongside financial metrics,” said Siddarth Pai, co-founder, CFO and ESG officer at venture capital firm 3one4 Capital.