Foodtech giant Swiggy has appointed Supriya Shankar, a former Lenskart executive, as Vice President of its events and experience vertical. Shankar brings over a decade of experience from companies like OYO, Zomato, and Airtel.
“I look forward to contributing to a culture that values creativity and purposeful scaling… and collaborating with diverse teams to make a meaningful impact,” said Shankar.
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Zomato invests in “going out” vertical with District launch
Shankar’s appointment comes as Swiggy’s rival Zomato invests in its “going out” vertical with the upcoming launch of District. Swiggy plans to expand its SteppinOut vertical with ticketing, experiences, and live events. Additionally, the company is piloting Rare Club, a concierge membership targeting high net worth individuals (HNIs) with annual membership fees over INR 50,000.
Further, the food delivery platform welcomed Shankar, stating, “… With 14 years of experience in driving growth, expansion, and P&L management for Internet commerce, she brings invaluable expertise to our leadership team.”
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Swiggy ropes VPs in driver and Instamart
This appointment follows Swiggy’s recent leadership reshuffle, ahead of its public listing, to strengthen its quick commerce and food delivery services. The company also appointed Shalabh Shrivastava as Senior VP of driver organisation and Hari Kumar G as Senior VP and Chief Business Officer for Swiggy Instamart.
For now, Swiggy listed on Indian stock exchanges after a public issue, with a fresh issue of shares worth INR 4,999 Cr and an offer for sale of 17.5 Cr shares. The stock debuted at INR 420 on the NSE, an 8% premium from its IPO issue price, and INR 412 on the BSE, a 6% premium.
