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Swiggy Selects Three New Independent Directors to its Board

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Swiggy announced on Monday the appointment of three independent directors to its Board of Directors: Padma Shri awardee Mallika Srinivasan, Chairman and Managing Director of TAFE; Shailesh Haribhakti, Chairman of Shailesh Haribhakti & Associates; and Sahil Barua, Managing Director and CEO of Delhivery.

They are Swiggy's first independent directors, joining current members: ASriharsha Majety, Swiggy's CEO and Co-Founder; Nandan Reddy, Swiggy's Co-Founder; Larry Illg, Prosus Edtech and Food's CEO; Ashutosh Sharma, Prosus Ventures' Head of Investments- India; Sumer Juneja, SoftBank Investment Advisors' Managing Partner, India and EMEA; and Anand Daniel, Partner at Accel.

"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 Majety.

Srinivasan said that she is pleased to join the Board as the "company moves forward in pushing boundaries and redefining newer segments."

"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," added Barua.

Swiggy connects customers to over 200,000 restaurant partners in hundreds of cities around the world. Its Instamart quick commerce grocery service is available in over 25 cities.