Swiggy Reconstitutes Board Post IPO; SoftBank & Accel Representatives Exit

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SUMMARY

While Faraz Khalid, chief executive of UAE-based ecommerce company Noon, has joined Swiggy’s board as an independent director, SoftBank’s Sumer Juneja and Accel partner Anand Daniel have resigned from the board

The company has reconstituted its board of directors following its initial public offering (IPO) last year

Swiggy made its public market debut on November 13 last year, listing at a 5% premium at INR 412 on the BSE

Swiggy has reconstituted its board of directors following its initial public offering (IPO)…



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Swiggy Reconstitutes Board Post IPO; SoftBank & Accel Representatives Exit


SUMMARY

While Faraz Khalid, chief executive of UAE-based ecommerce company Noon, has joined Swiggy’s board as an independent director, SoftBank’s Sumer Juneja and Accel partner Anand Daniel have resigned from the board

The company has reconstituted its board of directors following its initial public offering (IPO) last year

Swiggy made its public market debut on November 13 last year, listing at a 5% premium at INR 412 on the BSE

Swiggy has reconstituted its board of directors following its initial public offering (IPO)…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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