Swiggy cofounder Nandan Reddy to leave company

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Food and grocery delivery firm Swiggy on Friday said cofounder and head of innovation Nandan Reddy will step down from his executive role and vacate his board seat.

The company added that cofounder and chief growth officer Phani Kishan and chief financial officer Rahul Bothra will join its board of directors. Renan De Castro Alves Pinto of Prosus Ventures will also join the board as a nominee director, succeeding Roger Rabalais, who will step back following the transition from his role at the Dutch technology investor.
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