Sriharsha Majety: News

Swiggy's IPO poised to turn 500 employees into 'crorepatis'

Swiggy's much-anticipated initial public offering (IPO) will turn nearly 500 employees into crorepatis.

09 Oct 2024

Deepinder Goyal

Swiggy's top executives awarded ₹2,240 crore in ESOPs before IPO

Food delivery platform Swiggy has granted stock options worth approximately $200 million (around ₹2,240 crore) to its co-founder and group CEO Sriharsha Majety and other top executives.

01 Oct 2024

Companies Act

Why Swiggy has offered special protections to directors before IPO

Swiggy, one of India's leading food delivery apps, has given some special protections to board members who represent its big investors—SoftBank, Accel, and Prosus.

29 Aug 2024

Swiggy

Swiggy Instamart appoints Flipkart veteran Amitesh Jha as new CEO

Swiggy has announced a significant leadership change at Instamart, its quick commerce venture.

20 Jan 2023

Swiggy

Swiggy fires 380 employees amid 'challenging economic conditions'

Food and grocery delivery platform Swiggy has become the latest of India's start-ups to fire employees. In a bid to rationalize its business amid ongoing funding winter, the company has laid off 380 staffers.