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Monday, April 28, 2025

Sahil Barua Exits Swiggy Board Amid Delhivery’s ₹1,400 Cr Ecom Express Acquisition and Intensified CEO Duties

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Just days after Delhivery shook up the logistics space with its acquisition of Ecom Express, the company’s CEO Sahil Barua has stepped down from his position as an Independent Director on Swiggy’s board.

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Barua cited his growing responsibilities at Delhivery as the reason for stepping away. In a note addressed to Swiggy’s board, he explained that his expanding role simply left him without enough time to commit fully to the board position.

“With my professional responsibilities increasing significantly at Delhivery, I’m no longer able to give the board the attention it deserves,” Barua said in his letter. Swiggy shared the update in a regulatory filing on Friday, also clarifying that there were no other reasons behind his departure.

Barua had been a part of Swiggy’s boardroom since the early days of its independent governance structure, playing an active role during a crucial period of growth and preparation for public markets.

A Strategic Shift at Delhivery

Earlier this month, Delhivery announced a major deal — acquiring a controlling interest in Ecom Express for around ₹1,400 crore in cash. The move is expected to strengthen Delhivery’s position in the logistics and e-commerce delivery ecosystem.

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Following Barua’s resignation, Swiggy board chairperson Anand Kripalu acknowledged his contributions:

“Sahil was one of the first independent voices on our board, and he’s been instrumental during key phases of our growth and evolution. We’re thankful for his guidance over the last two years and wish him the best as he takes on even bigger responsibilities.”

With one foot firmly planted in a high-stakes integration at Delhivery, Barua’s exit from Swiggy seems to reflect a strategic narrowing of focus — one that aligns with his company’s aggressive expansion plans.

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