Swiggy has elevated Phani Kishan Addepalli, VP – Strategy & Investments, as the new Co-Founder of the company, Sriharsha Majety, CEO, wrote in a blog post.
Kishan joined Swiggy in 2015 as General Manager – Strategy, Analytics, CX & New Initiatives. Prior to Swiggy, Kishan had a stint with global companies like The Boston Consulting Group, ITC Limited, and Softeon.
Last year, Swiggy’s cofounder and chief technology officer Rahul Jaimini exited to join Pesto Tech, a career accelerator startup. Swiggy at present has two cofounder’s — Sriharsha Majety and Nandan Reddy.
“Phani joined us very early on in 2015, and has been my fixer and go-to guy for many important problems for as long as I can remember. Over these 6 years, he’s probably had the record for setting up multiple high leverage functions from the ground up,” Majety wrote in the blogpost.
This announcement comes on the heels of the company’s COO Vivek Sunder stepping down. Sunder oversaw the company’s food delivery business.
Majety said that Kishan has played a key role in shaping the company’s value. “His energy, can-do attitude and founder mentality are all goal-worthy for any Swiggster to succeed here and make a huge impact in the company’s future,” Majety wrote.
Kishan will be part of the management team and will be involved in “helping shape the company’s future on our dream to build India’s most loved customer brand and an enduring institution.”
“His approach to building new and enduring organisational capabilities (read superpowers) has always been a force multiplier for us, and I can’t wait to see him go on and take new challenges to build even more superpowers in the years to come,” Majety wrote.
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