IPO-bound Swiggy names Delhivery chief, two others as independent directors

New appointments will strengthening governance, says food delivery platform

Food delivery platform Swiggy has appointed three independent directors to its board as it prepares for an initial public offering (IPO).

The three are Sahil Barua, managing Director and CEO of Delhivery; Mallika Srinivasan, managing director of TAFE, and Shailesh Haribhakti, chairman of Shailesh Haribhakti & Associates.

The appointments were announced two weeks after Swiggy laid off 380 employees, saying it was part of a restructuring exercise.

“We’re very excited about bringing on Mallika Srinivasan, Shailesh Haribhakti, and Sahil Barua to Swiggy’s Board of Directors. They have very rich and diverse experiences in building sustainable businesses at scale. Getting these