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People · Commerce & Consumer Brands

Swiggy appoints Saurav Goyal as head of driver and delivery organization

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Date
Company
Swiggy
What it does
On-demand convenience platform
Kind
People
Based in
Bengaluru
Sector
Commerce & Consumer Brands

What they do

Swiggy is a Bengaluru-based on-demand convenience platform competing with Zomato

What happened

Saurav Goyal takes over the driver and delivery org from Shalabh Shrivastava who quits

Why it matters

The company reported Rs 4,410 crore revenue but posted losses in Q4 FY25

The details

  • Swiggy has appointed Saurav Goyal as the new Head of the Driver and Delivery Organization.
  • Goyal joins from Ola where he served as Vice President of Business Finance.
  • He previously held senior finance roles at Flipkart and Tata Communications.
  • Goyal will retain his current role as SVP of Business Finance until a successor is named.
  • Shalabh Shrivastava is quitting Swiggy after joining the company last November.
  • Shrivastava spent over ten years at Flipkart before moving to Swiggy.
  • Ankit Jain from Flipkart was also recently named SVP for Instamart at Swiggy.
  • Girish Menon serves as the Chief Human Resources Officer at Swiggy.

The bigger picture

  • Swiggy faces rising competition from quick-commerce rivals like Blinkit and Zepto.
  • The company operates in the red with significant quarterly losses reported recently.
  • This leadership change signals efforts to stabilize core delivery operations amid growth pressures.

About the business

  • Swiggy operates as an on-demand convenience platform based in Bengaluru.
  • It partners with over 2.5 lakh restaurants across its network.
  • The platform operates in more than 700 cities throughout India.
  • Swiggy works with more than 5 lakh delivery workers for logistics.
  • It competes directly with rival food delivery giant Zomato.
  • Operating revenue reached Rs 4,410 crore in Q4 FY25 showing 45% year-on-year growth.
  • Net losses widened to Rs 1,081 crore in the same quarter up 95% year-on-year.
  • The company is preparing for an initial public offering according to internal reports.

Founders

  • Sriharsha Majety, Founder
  • Phani Kishan Addepalli, Founder
  • Nandan Reddy, Founder

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