Swiggy appoints three Independent Directors on its Board

Bengaluru-based food delivery unicorn Swiggy announced it has appointed three independent directors to its board, according to VCCircle report.

The three hires include tractor maker TAFE’s Mallika Srinivasan, logistics firm Delhivery’s Salil Barua and Shailesh Haribhakti of Shailesh Haribhakti & Associates. 

“They have very rich and diverse experiences in building sustainable businesses at scale.Getting these new and powerful perspectives and strengthening our governance will immensely benefit us,” said Sriharsha Majety, chief executive officer at Swiggy. 

“Swiggy is an enterprising and innovative company that has redefined customer convenience and impactfully altered lifestyles…as the company moves forward in pushing boundaries and redefining newer segments,” said Srinivasan.  

Swiggy is backed by investors including Prosus, Accel, Alpha Wave Global and Qatar Investment Authority, among others.  

The three directors join current members that include co-founders Majety and Nandan Reddy. Other members include Prosus Edtech and Food’s CEO Larry Illg, Prosus India’s Head of Investments Ashutosh Sharma, Softbank India and EMEA’s managing partner Sumer Juneja and Accel’s Partner Anand Daniel. 

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