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Startup Citrus Pay's peon earned ₹50 lakh after acquisition
short by Pragya Swastik / on Thursday, 23 February, 2017
Shyam Kumar, a peon who joined Mumbai-based payment gateway startup Citrus Pay in 2010 for ₹8,000 a month, earned around ₹50 lakh after Citrus Pay was acquired for ₹860 crore in 2016 by rival PayU. Kumar was awarded ESOPs which were valued at around ₹50 lakh. Fifteen other Citrus Pay employees became crorepatis with the acquisition of the startup.
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