Swiggy COO Vivek Sunder moves on, CEO Majety to take charge

Swiggy COO Vivek Sunder moves on, CEO Majety to take charge

CEO Sriharsha Majety will now directly oversee the marketplace business.

Vivek Sunder

Mumbai: After serving the company for three years, Swiggy’s chief operating officer (COO) Vivek Sunder has put in his papers at the company and will transition out by October-end.

Swiggy’s chief executive officer (CEO) Sriharsha Majety told employees in an internal email on Wednesday that Sunder, who oversees its food delivery business, has decided to pursue interests outside of the company.

Majety added that he will be overseeing the marketplace business directly. "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," he wrote.

Sunder had joined the company in 2018 after spending close to two decades at FMCG major Procter & Gamble as its managing director. He had been responsible for scaling Swiggy’s key businesses, including food delivery, and its foray into grocery.

"Vivek has played a very significant role in the growth story of Swiggy - as a brand, as a service, and as an organisation, since joining us three years ago. He played a pivotal role in expanding the geographical footprint of the marketplace business taking Swiggy beyond 500+ cities, and later rallied the organisation to drive a step-change in the unit economics of the marketplace business," Majety added.

This is the second big exit at Swiggy after co-founder and chief technology officer Rahul Jaimini exited to join Pesto Tech, last year.