Co-founder Phani Kishan and Group CFO Rahul Bothra to join the board as Executive Directors;
Co-founder Nandan Reddy transitions to pursue independent ventures; Renan Pinto steps in to replace
Roger Rabalais, Nominee Director
Swiggy Ltd (NSE: SWIGGY | BSE: 544285): Swiggy, India’s leading on-demand convenience platform, has announced a series of strategic updates to its Board of Directors. The Board at its meeting held today, has approved the appointment of Co-founder Phani Kishan and Group CFO Rahul Bothra as Executive Directors effective June 01 2026. Additionally, the Company is welcoming Renan De Castro Alves Pinto from Prosus Ventures as a Nominee Director. Each of these appointments shall be subject to requisite shareholder approvals.
Concurrently, Co-founder Nandan Reddy will be stepping down from his board position and moving on from Swiggy to pursue personal independent projects.
In his current role as Chief Growth Officer, Phani’s work spans business strategy, high-impact partnerships, cross-platform usage, and solving complex problems at scale contributing meaningfully to Swiggy’s evolution into an operating system for modern life.
Rahul Bothra joined Swiggy as its first Chief Financial Officer. With over two decades of experience across domestic and international markets, Rahul has played a central role in shaping Swiggy’s financial and strategic trajectory leading its evolution from a VC backed food delivery startup into a multi-category, publicly listed platform. Beyond capital and performance, Rahul has built Swiggy’s institutional governance framework from the ground up.
Their appointment to the Board, subject to shareholders approval, reflects Swiggy’s commitment to strong, experienced leadership as the company enters its next phase of institutional growth.
“Phani and Rahul have been with Swiggy since the early days, and have been instrumental in steering the company through its most defining chapters. Their understanding of our business and unwavering focus on both innovation and execution, have been foundational to our journey. As we enter the next phase of our growth, their perspective will be invaluable in shaping our long-term direction,” said Sriharsha Majety, Group CEO, Swiggy.
Reflecting on co-founder Nandan Reddy’s transition, Majety remarked, “Nandan has been a vital collaborator and a visionary force throughout Swiggy’s evolution—from our beginnings in a single Bengaluru neighborhood to becoming a nationwide platform serving millions. His steadfast commitment to our culture, innovation, and the consumer experience is woven into our DNA. While his daily presence will be missed, I look forward to the impact of his future endeavors.”
Separately, the Board also welcomed Renan De Castro Alves Pinto as the Nominee Director representing Prosus Ventures, succeeding Roger Rabalais, who steps back following the transition from his role at Prosus Ventures. Renan is an International corporate finance and technology executive with over 20 years of experience across Latin America, North America, Europe and Asia. He is currently Group CFO of Despegar, the largest online travel company in Latin America and part of the Prosus Group.
Anand Kripalu, Independent Director and the Chairperson of its Board of Directors, said, “We are delighted to welcome Swiggy co-founder Phani Kishan and Group CFO Rahul Bothra as Executive Directors to the Swiggy board. Both are long-time champions of the Company who deeply understand its culture, growth trajectory, and ambitions. Having them on the Board brings invaluable institutional knowledge and operational depth to our governance. We also extend our heartfelt thanks to Nandan and Roger for their invaluable contributions to Swiggy’s journey. With the addition of Renan Pinto, the Board reconstitution underscores Swiggy’s readiness for the next decade of growth backed by experienced leadership, strong governance, and continued institutional support.”
About Swiggy
Swiggy is India’s pioneering on-demand convenience platform, catering to millions of consumers each month. Founded in 2014, its mission is to elevate the quality of life for the urban consumer by offering unparalleled convenience, enabled by over 6.9 lakh delivery partners. With an extensive footprint in food delivery, Swiggy Food collaborates with over 2.7 lakh restaurants across 720+ cities. Instamart, its quick commerce platform operating in 131 cities, delivers groceries and other essentials across 20+ categories. Fueled by a commitment to innovation, Swiggy continually incubates and integrates new services like Swiggy Dineout and Swiggy Scenes into its multi-service app as well as creating standalone offerings like Toing and Crew for opening up new market segments. Leveraging cutting-edge technology and Swiggy One, the country’s only membership program offering benefits across food, quick commerce and dining out, Swiggy aims to provide a superior experience to its users.
