Food delivery and quick commerce platform Swiggy has approved a series of changes to its board, including the elevation of co-founder Phani Kishan Addepalli and Group CFO Rahul Bothra as Executive Directors.
At the same time, co-founder Nandan Reddy will step down from the board and exit the company to pursue independent ventures.
Reddy had most recently been leading Crew, Swiggy’s concierge app. Following his exit, the business will now be overseen by Rohit Kapoor, CEO of the company’s food marketplace, according to an internal communication.
Separately, Renan De Castro Alves Pinto has been appointed as Nominee Director representing Prosus Ventures, replacing Roger Rabalais.
Kishan, currently Chief Growth Officer, oversees business strategy, partnerships, and cross platform initiatives, while Bothra, Swiggy’s first CFO, has led the company’s financial strategy and governance as it transitioned from a venture backed startup to a publicly listed firm.
Commenting on the development, CEO Sriharsha Majety said that Kishan and Bothra have played a key role in shaping the company’s growth and will be instrumental in its next phase.
Pinto, who joins the board from Prosus, brings over two decades of experience across corporate finance and technology, and currently serves as Group CFO of Despegar.mu
