People · Commerce & Consumer Brands
Swiggy appoints three senior executives
By Startup Enthusiast ·
- Date
- Company
- Swiggy
- What it does
- Food delivery and quick commerce
- Kind
- People
What they do
Swiggy is a food delivery and quick commerce platform
What happened
It appointed Shalabh Shrivastava, Hari Kumar G, and Kanika Tiwari to senior roles
Why it matters
The hires come as quick commerce competition intensifies with Zepto and Amazon entering the space
The details
- Swiggy appointed Shalabh Shrivastava as Senior Vice President of Driver Org.
- Shrivastava brings 25 years of experience in e-commerce, retail, technology, consulting, and investment banking.
- He was previously Vice President at Flipkart, where he scaled first- and last-mile operations and transformed supply chains.
- Swiggy also appointed Hari Kumar G as Senior Vice President and Chief Business Officer for Swiggy Instamart.
- Hari Kumar G previously managed categories including electronics, appliances, and groceries at Flipkart.
- Kanika Tiwari was appointed Head of Monetization at Swiggy Instamart after an eight-year tenure at Flipkart.
- Supriya Shankar was appointed Vice President of Events and Experience, having previously been CEO of Lenskart Singapore.
- Shankar will oversee integration of ticketing, events, and curated experiences under the SteppinOut brand.
The bigger picture
- The appointments come as competition in India's quick-commerce sector heats up.
- Zepto raised $350 million from domestic investors including Motilal Oswal's Private Wealth Division.
- Amazon India is preparing to launch a quick commerce delivery service codenamed 'Tez' by late 2024 or early 2025.
- Zomato is planning to launch a dining-out app called District.
- Swiggy's shares listed on the NSE at Rs 420, an 8% premium to the IPO price of Rs 390.
About the business
- Swiggy is a food delivery and quick commerce platform.
- It operates Swiggy Instamart for quick grocery delivery.
- The company also offers dining-out and event experiences through its SteppinOut brand.
- Swiggy competes with Zomato, Zepto, and Amazon in the quick commerce space.
- The company went public in November 2024 with an IPO price of Rs 390 per share.
Founders
- Sriharsha Majety, Co-founder
- Phani Kishan Addepalli, Co-founder
- Nandan Reddy, Co-founder
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