Sriharsha Majety is Swiggy Ltd.’s group CEO, managing director, and co-founder. He graduated from BITS Pilani with a bachelor’s degree in electrical engineering and the Indian Institute of Management, Calcutta, with a postgraduate diploma in management. He has over a decade of experience with the organization.
Swiggy IPO: On Wednesday, November 6, food delivery service Swiggy Ltd. is scheduled to begin its ₹11,327 crore first share sale for public subscription. The issue will end on Friday, November 8th, with a price range of ₹371 to ₹390 per share. On November 13, the company’s shares will be listed on both the BSE and the NSE.
The IPO consists of an offer-for-sale (OFS) of ₹6,828.43 crore and a new issue valued at ₹4,499 crore. Here is a peek at Swiggy’s top management as the company’s initial public offering approaches.
An examination of Sriharsha Majety and his team during Swiggy’s IPO
Sriharsha Majety: He is Swiggy’s group chief executive officer (CEO), managing director (MD), and co-founder. Majety has a postgraduate diploma (PGD) in management from the Indian Institute of Management, Calcutta, and a bachelor’s degree in electrical engineering from BITS Pilani. He has over a decade of experience with the organization.
Reddy Lakshmi Nandan Obul: Currently serving as the head of Innovation, he joined the organization in 2014. Reddy, a full-time director and co-founder, graduated from BITS Pilani with a master’s degree in science. Additionally, he has served as a business consultant and associate at Intellecap.
Since August 16, 2022, Rohit Kapoor, the leader of the food marketplace, has been connected to Swiggy. He passed Level 3 of the Chartered Financial Analyst exam and finished his postgraduate management degree at the Indian School of Business. In the past, he served as Global CMO for OYO.
As the Chief Growth Officer (CGO), Phani Kishan Addepalli is responsible for increasing advertising income and user growth. He earned a postgraduate diploma in management from IIM, Calcutta, and a bachelor’s degree in computer science (CS) and engineering from IIT, Madras.
Rahul Bothra: Swiggy’s chief financial officer, Bothra has both domestic and foreign experience in accounting, treasury, business finance, taxation, and mergers & acquisitions. Previously, he was connected to Olam International Ltd., Wipro Ltd., and Britannia Industries Ltd.
Rao Subbarao Madhusudhan: Rao is the Chief Technology Officer (CTO), having joined the meal delivery business in June 2018. He formerly worked at Boomerang Commerce India Pvt Ltd and Amazon.
Amitesh Jha is the Chief Executive Officer of Instamart. He has a postgraduate (PG) degree in management from IIM Ahmedabad and a bachelor’s and master’s degree in technology from IIT Delhi. For 14 years, he was the senior vice president of Flipkart Pvt Ltd.