Tata Digital may offer Esop to woo top startup talent

Tata Digital may offer employee stock ownership plan (Esop) to all its employees in a bid to attract and retain good talent from the startup community, people aware of the development told ET.

The company, which houses consumer-centric digital businesses and competes with startups, had first offered management stock options to the founders of online grocery retailer BigBasket in which Tata Digital has picked up a majority stake.

It may extend similar offers to employees as well because many candidates from the startup community that the company has interviewed for various roles are understood to have sought ESOP in their compensation packages, the sources said.