Swiggy Adds Titan CEO Suparna Mitra to Board Ahead of IPO

Swiggy appoints Suparna Mitra, CEO of Titan Company Limited's Watches and Wearables Division, as an independent director.

  • Swiggy appoints Suparna Mitra, CEO of Titan Company Limited’s Watches and Wearables Division, as an independent director.
  • Mitra brings over three decades of experience in lifestyle and retail sectors to Swiggy’s board, enhancing its leadership diversity.
  • Swiggy prepares for its anticipated IPO in mid-2024, reportedly shortlisting seven investment banks including Kotak Mahindra Capital and JP Morgan.

Food delivery giant Swiggy has made a strategic addition to its board of directors, appointing Suparna Mitra as an independent director. Mitra, currently serving as the CEO of Titan Company Limited’s Watches and Wearables Division, brings a wealth of experience from her extensive career spanning over three decades in the lifestyle and retail sectors. Her appointment further enriches Swiggy’s board, joining esteemed members like Anand Kripalu and Shailesh Haribhakti.

Expressing her excitement, Mitra highlighted Swiggy’s innovative approach to on-demand convenience and customer-centricity. She looks forward to collaborating with the board and management team, focusing on value creation and governance. Sriharsha Majety, Group CEO of Swiggy, echoed this sentiment, expressing confidence in Mitra’s ability to provide valuable insights as the company gears up for its upcoming IPO by mid-2024.

As Swiggy prepares for its IPO, it has reportedly shortlisted seven investment banks to advise on the process. Among them are renowned institutions such as Kotak Mahindra Capital, Citi, and JP Morgan. With these developments, Swiggy aims to strengthen its position in the market and continue its growth trajectory in the food delivery industry.