Swiggy
Leadership History
3 leaders · 2014 to present
Sriharsha Majety is the CEO of Swiggy, in the role since 2014.
| Name | Role | From | To | Years in role |
|---|---|---|---|---|
| Rohit Kapoor | CEO, Food Marketplace | 2022 | Present | 4 |
| Sriharsha Majety | Co-founder & Group CEO | 2014 | Present | 12 |
| Nandan Reddy | Co-Founder | 2014 | Present | 12 |
Swiggy (Swiggy Limited) stands as one of the defining architects of India's on-demand digital convenience revolution. Founded in August 2014 in Koramangala, Bengaluru by BITS Pilani alumnus Sriharsha Majety, Nandan Reddy, and IIT Kharagpur alumnus Rahul Jaimini, Swiggy tackled one of the most frustrating aspects of urban Indian living: getting hot food delivered reliably from favorite neighborhood restaurants. Prior to Swiggy, food delivery in India was plagued by high minimum order values, erratic restaurant-managed delivery boys, and zero order tracking. Swiggy transformed the sector by creating its own dedicated delivery fleet equipped with smartphone GPS apps, enforcing no minimum order value, and guaranteeing delivery within 35 to 40 minutes. As smartphone adoption and digital payments via UPI exploded across India, Swiggy scaled exponentially, expanding from food delivery into quick-commerce grocery (Instamart), parcel pickup-and-drop (Genie), and restaurant discovery (Dineout). In November 2024, Swiggy executed one of the largest technology initial public offerings in Indian history, listing on the NSE and BSE at a valuation of roughly $10.1 billion (₹87,000 crore) at the IPO price band. The company is headquartered in Bangalore, India.
CEO, Food Marketplace
2022 – Present
4 years (current)
Kapoor spearheaded the highly strategic restructuring of the core food delivery business, aggressively raising delivery fees and monetizing restaurant advertising to finally drive the division to profitability.
As CEO of Food Marketplace (recruited from OYO), he executes the absolute critical day-to-day battle against Zomato, fiercely defending Swiggy's market share in tier-1 Indian cities.
Co-founder & Group CEO
2014 – Present
12 years (current)
Sriharsha Majety co-founded Swiggy in Bengaluru after his logistics venture Bundl failed, teaming up with Nandan Reddy and Rahul Jaimini. Majety built Swiggy into one of India's dominant consumer tech leaders by operating a dedicated delivery fleet to guarantee 30-minute food delivery. He spearheaded the invention and rapid rollout of 'Instamart' in 2020, pioneering India's 10-minute quick commerce revolution. He expanded Swiggy into dining-out reservations (Dineout) and pick-up services (Genie), leading Swiggy through its landmark $1.35 billion initial public offering in November 2024.
An alumnus of BITS Pilani and IIM Calcutta with investment banking experience at Nomura, Majety's focus on execution excellence and quick commerce built one of India's most ubiquitous consumer brands.
Co-Founder
2014 – Present
12 years (current)
Reddy executed the incredibly complex, massive operational scaling of Swiggy's delivery fleet, ensuring the company maintained its core promise of lightning-fast delivery despite absolute hyper-growth.
As Co-Founder, he remains the absolute operational anchor, heavily driving Swiggy's massive strategic expansion into the highly lucrative 'Instamart' quick-commerce sector.
These officers report to the chief executive and are not part of the CEO timeline above.
Swiggy faces Eternal (Zomato and Blinkit) in food and quick commerce, new quick-commerce entrants including Zepto, Flipkart and Amazon, high dark-store and delivery costs, gig-worker welfare rules, and continued net losses.
Sriharsha Majety is the co-founder and Group CEO of Swiggy. Born in Vijayawada, Andhra Pradesh, Majety earned a dual degree in Electrical and Electronics Engineering and an M.Sc. in Physics from BITS Pilani, followed by an MBA in Finance from the Indian Institute of Management (IIM) Calcutta.
After graduating from IIM Calcutta in 2011, Majety worked as an investment banking associate in London at Nomura International, trading fixed income derivatives. He left banking after a year to pursue an entrepreneurial career.
In 2012, Majety undertook a solo 3,500-kilometer bicycle tour across Europe and traveled overland from Portugal to Vietnam. The extreme physical endurance, unpredictability, and resilience required during the trip shaped his fearless approach to startup challenges and risk-taking.
When Bundl Technologies failed to gain traction in 2014, Majety refused to view it as a total loss. He recognized that while shipping logistics aggregators lacked consumer pull, on-demand food delivery in dense urban Indian neighborhoods was ripe for disruption, pivoting the company to launch Swiggy.
Majety is known for deep analytical rigor, quiet determination, and long-term capital discipline. Unlike flashy startup founders, he maintains a low public profile, avoids media hype, and focuses obsessively on customer retention metrics, delivery route efficiencies, and sustainable unit economics.
When pandemic lockdowns decimated food delivery volumes, Majety made decisive, difficult leadership calls: restructuring non-core businesses, laying off approximately 1,100 employees with generous severance, and reallocating all engineering and fleet resources into launching Instamart.
Majety recognized that consumer expectations around convenience were permanently shifting from next-day delivery to instant gratification. He bet Swiggy's balance sheet on quick commerce dark stores, turning Instamart into a multi-billion-dollar business that accounts for over a third of Swiggy's value.
Majety steered Swiggy through a complex two-year turnaround: cutting cash burn, driving food delivery to positive adjusted EBITDA, acquiring Dineout, improving governance standards, and convincing global institutional investors to back Swiggy's $1.35 billion IPO.
Majety's core leadership team includes Nandan Reddy (co-founder and Head of Innovation), Rohit Kapoor (CEO of Food Marketplace), Phani Kishan Addepalli (co-founder and Chief Growth Officer), and Rahul Bothra (Chief Financial Officer).
Majety has received numerous honors, including Forbes India 40 Under 40, Fortune India 40 Under 40, and Entrepreneur of the Year by The Economic Times, recognized as one of modern India's premier business builders.
Majety has overseen industry-leading welfare programs, including group health and accident insurance for gig workers, safety SOS features, mobile rest stops in major metros, and emergency hardship support funds for delivery executives and their families.
Majety envisions Swiggy becoming an indispensable operating system for urban living—delivering virtually any consumer product to households in under 15 minutes while empowering millions of local merchants and gig workers across India.
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