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HomeNewsTechnologyIPO-bound Swiggy appoints Titan’s Suparna Mitra as independent director

IPO-bound Swiggy appoints Titan’s Suparna Mitra as independent director

Suparna Mitra's appointment comes roughly two months after Mallika Srinivasan, Chairman and Managing Director of TAFE, stepped down from the board, a year after her appointment.

April 04, 2024 / 14:55 IST
Mitra is the CEO of Titan Company Limited's watches and wearables division and has over 30 years of experience in lifestyle and retail.

Mitra is the CEO of Titan Company Limited's watches and wearables division and has over 30 years of experience in lifestyle and retail.

Swiggy, the food delivery giant that is preparing for a public listing later this year, announced that it has appointed Suparna Mitra as an independent director to its board. Mitra is the CEO of Titan Company Limited's watches and wearables division and has over 30 years of experience in lifestyle and retail. She has an electrical engineering degree from Jadavpur University and an MBA from IIM Calcutta.

Mitra's appointment to the Swiggy board comes about two months after Mallika Srinivasan, Chairman and Managing Director of TAFE, stepped down. Srinivasan had served for only a year before resigning due to increasing commitments to her other businesses.

“We are excited to welcome Suparna as an independent director to our board. With her remarkable career and extensive experience in 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," said Sriharsha Majety, Group CEO of Swiggy.

Mitra now joins Anand Kripalu, MD & Global CEO at EPL Limited and Chairperson of the Swiggy board, Shailesh Haribhakti - Chairman of Shailesh Haribhakti & Associates, and Sahil Barua - Managing Director & CEO at Delhivery on the Bengaluru-based company's board.

Kripalu, Haribhakti, Barua, Srinivasan (now stepped down) and Mitra were among the first set of independent directors on Swiggy's board. They join members like co-founders, Majety and Nandan Reddy, Head of Investments in Prosus Ventures India Ashutosh Sharma, Managing Partner for India and EMEA at SoftBank Investment Advisors Sumer Juneja, Partner at Accel Anand Daniel.

"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 values-based governance,” Suparna Mitra said.

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Moneycontrol News
first published: Apr 4, 2024 02:46 pm

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