Swiggy appoints 3 independent members to its board ahead of IPO Plans


Swiggy, the leading food delivery platform has recently made a major announcement regarding the appointment of three new independent directors. These appointments will bring in a wealth of experience and knowledge to the company’s board and are a major step forward in terms of the company’s growth and development.

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, have been chosen for their expertise and knowledge in the respective industries and will play a crucial role in guiding Swiggy towards its long-term goals.

These appointments mark the first time that independent directors will be a part of Swiggy’s board. This move highlights the company’s commitment to good governance and transparency, and reflects its dedication to making informed decisions that will benefit all stakeholders. The new independent directors will bring a fresh perspective to the company and help it to stay ahead of the curve in an ever-changing market.

Swiggy’s current board members include 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.

Speaking on the new appointments, Sriharsha Majety, Co-founder & CEO of Swiggy, said, “We’re happy about bringing on Mallika Srinivasan, Shailesh Haribhakti, and Sahil Barua to Swiggy’s Board of Directors. They have rich and diverse experiences in building sustainable businesses at scale. Getting them onboard will strengthen our governance and will benefit us”

Mallika Srinivasan, Chairman and Managing Director of TAFE, said, “Swiggy is an enterprising and innovative company that has redefined customer convenience and impactfully altered lifestyles. I am pleased to join the Board as the company moves forward in pushing boundaries and redefining newer segments.”

Shailesh Haribhakti, Chairman of Shailesh Haribhakti & Associates, said, “I am looking forward to being a part of the Swiggy board. As a young, privately held company, their focus on having the right discipline, governance, and expertise on the board makes me very optimistic about the company’s future, and its ability to bring its mission of delivering unparalleled convenience to users to life.”

Sahil Barua, Managing Director and CEO of Delhivery, said, “I look forward to supporting the Swiggy management team in their quest to build a world-class business that serves millions of customers in their everyday needs.”

With these new appointments, the company’s board is now more diverse and will be better equipped to handle the challenges and opportunities that lie ahead.

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