Swiggy appoints three independent directors, Delhivery CEO one of them
1 year, 10 months ago

Swiggy appoints three independent directors, Delhivery CEO one of them

Live Mint  

Food and grocery delivery aggregator Swiggy on Monday said that the company has appointed Mallika Srinivasan, Padma Shri awardee and Chairman and Managing Director of TAFE, Shailesh Haribhakti, Chairman of Shailesh Haribhakti & Associates, and Sahil Barua, Managing Director and CEO at Delhivery as directors on the company's board. Getting these new and powerful perspectives and strengthening our governance will immensely benefit us as we march ahead in our mission to bring unparalleled convenience to consumers," said Sriharsha Majety, CEO and Co-founder of Swiggy This comes at a time when Swiggy has fired 380 employees or nearly 6% of its 6,000-strong staff, to tame costs. This has been an extremely difficult decision taken after exploring all available options," according to an internal e-mail shared by Sriharsha Majety, Swiggy’s chief executive and co-founder. These are the first independent directors on Swiggy’s board and join current members Sriharsha Majety CEO and Co-founder of Swiggy, Nandan Reddy, Co-founder of Swiggy, Larry Illg, CEO of Prosus Edtech and Food, Ashutosh Sharma, Head of Investments- India, Prosus Ventures, Sumer Juneja, Managing Partner, India and EMEA, SoftBank Investment Advisors and Anand Daniel, Partner at Accel.

History of this topic

Swiggy CEO reveals he came up with idea of company for a college project, then forgot about it
1 month, 1 week ago
Swiggy’s reclusive CEO Sriharsha Majety makes rare public appearance at IPO listing ceremony
1 month, 1 week ago
Swiggy hires senior executives from Flipkart and Amazon for expansion: Report
1 month, 1 week ago
Swiggy lays off over 6% staff to tame costs
1 year, 11 months ago

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