Swiggy recasts board following IPO; SoftBank, Accel nominees exit

July 26, 2025

, By The Economic Times

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Food and grocery delivery company rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” target=”_blank”>Swiggy has reconstituted its board of directors—in the first recast since its November 2024 listing, with key and early-stage investors stepping down and a new independent director coming on board.

SoftBank’s Sumer Juneja and rel=”dofollow” href=”https://economictimes.indiatimes.com/accel-ltd/stocks/companyid-8903.cms” target=”_blank”>Accel partner Anand Daniel have resigned from the board, according to a regulatory filing made with the stock exchanges. SoftBank and Accel are among Swiggy’s early and significant backers.

Faraz Khalid, chief executive of UAE-based ecommerce company Noon, has joined Swiggy’s board as an…

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Swiggy recasts board following IPO; SoftBank, Accel nominees exit

July 26, 2025

, Published By The Economic Times

swiggy-recasts-board-ahead-of-ipo-softbank-accel-nominees-exit.jpg

Food and grocery delivery company rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” target=”_blank”>Swiggy has reconstituted its board of directors—in the first recast since its November 2024 listing, with key and early-stage investors stepping down and a new independent director coming on board.

SoftBank’s Sumer Juneja and rel=”dofollow” href=”https://economictimes.indiatimes.com/accel-ltd/stocks/companyid-8903.cms” target=”_blank”>Accel partner Anand Daniel have resigned from the board, according to a regulatory filing made with the stock exchanges. SoftBank and Accel are among Swiggy’s early and significant backers.

Faraz Khalid, chief executive of UAE-based ecommerce company Noon, has joined Swiggy’s board as an…

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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Previous News

Apple may be Intel’s last hope in the foundry business

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Musk’s Starlink satellite internet sees hours-long global outage

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