Mallika Srinivasan Resigns from Swiggy's Board as Independent Director

Swiggy announced that Mallika Srinivasan has resigned from her role as an independent director, approximately one year after assuming the position.

Swiggy's statement on February 8 revealed that Srinivasan departed due to growing business obligations. As the managing director of Tractor and Farm Equipment, her replacement at Swiggy has not yet been disclosed.

According to a report, this transition occurs as the company prepares for its upcoming initial public offering (IPO), with plans to file draft public offerings in the forthcoming months.

Sidharth Satpathy, formerly the vice president overseeing categories and business operations at Instamart's e-commerce division, tendered his resignation on January 9.

Anirban Roy, currently the head of performance marketing at Amazon India, will assume his role. Additionally, Karthik Gurumurthy, previously the senior vice president at Instamart, also resigned from his position.

Dale Vaz, who served as the chief technology officer, has also departed from the company. Phani Kishan, one of Swiggy's co-founders, has taken on the responsibility of overseeing operations at Instamart.

A report mentioned that in 2022, Rohit Kapoor assumed the role of chief executive officer to lead the company's primary food delivery operations.

Additionally, it was reported that Nishad Kenkre, who served as the VP overseeing revenue and growth at Instamart, and Ashish Lingamneni, the VP responsible for brand and product marketing, also departed from the company last year.