Food delivery giant Swiggy has announced the appointment of Suparna Mitra as an independent director to its board. Mitra is joining Swiggy’s list of independent directors, which includes Anand Kripalu, MD and Global CEO at EPL Limited and Chairperson of the Swiggy Board; Shailesh Haribhakti, Chairman of Shailesh Haribhakti & Associates; and Sahil Barua, Managing Director and CEO at Delhivery.
"Having seen Swiggy revolutionise on-demand convenience through innovation and customer-centricity, I’m excited by this opportunity. I look forward to collaborating with the board members and management team of Swiggy, aimed at value creation and value-based governance,” said Suparna Mitra on her appointment.
Sriharsha Majety, Group CEO of Swiggy, said, “We are excited to welcome Suparna as an independent director to our board. With her remarkable career and extensive experience in the lifestyle and retail industries, along with her refreshing perspectives as a leader, we are confident that she will bring valuable insights and expertise to our board as our business enters its next era of growth."
Suparna Mitra is the CEO of Titan Company Limited's Watches and Wearables Division. She has over 30 years of experience in lifestyle and retail. With an electrical engineering degree from Jadavpur University and an MBA from IIM Calcutta, she has held roles including Global Marketing Head at Titan. Suparna also serves on IIM Kozhikode's Board of Governors and has been recognized with prestigious awards for her acumen in business.
Meanwhile, Swiggy is planning to be public soon, by mid-2024. A report by Moneycontrol says that the company is likely to have shortlisted seven investment banks as its advisors. Kotak Mahindra Capital, Citi, and JP Morgan are some of the banks that will be part of the IPO syndicate, according to the report.
