Swiggy’s Chief Operating Officer, Vivek Sunder is stepping down out from the role and organization to pursue personal and professional interests outside the organization.
As per media, Sriharsha Majety, Co-Founder & CEO of Swiggy, announced Sundar's resignation in a letter to employees. He said, “I am writing to let you know that Vivek Sunder, our COO, has decided to pursue interests outside of Swiggy and will transition out of the organization by October.” He further mentioned in the letter, “I will be directly overseeing the Marketplace business with immediate effect. We have been discussing this for a while now, and over the course of the past few weeks, have been planning the way forward as well.”
Sundar joined Swiggy in 2018 and played an instrumental role in the growth story of Swiggy. He aggressively led the geographical expansion of the marketplace business by taking Swiggy to more than 500 cities and later rallied the organization to drive a step-change in the unit economics of the marketplace business.
In Majety’s words, Sundar played a key role in holding the fort in Swiggy’s on-ground operations during the COVID lockdown phases, and among his other notable contributions.
An alumnus of IIM Calcutta, Sundar, before Swiggy, led P&G's business in the East/ Equatorial Africa Region comprising Kenya, Ethiopia, Uganda, Tanzania, Angola, and other countries. He worked with Procter and Gamble for 20 years in various capacities including Commercial Director in India, Regional Director for a pan Asia team (based in Singapore), Category Leader in the United Kingdom, and Team Leader in Thailand.
Recently Swiggy was also in the news where Japan’s SoftBank is planning to invest up to $450 MN in Bengaluru-based Swiggy at a $5.5 BN valuation.