Food delivery giant Swiggy’s COO Vivek Sunder decides to move on



Vivek Sunder, 46, the chief operating officer of food delivery giant has quit the company. Sunder will be pursuing personal and professional interests outside the organisation.


The development comes at a time when Japan’s is planning to invest up to $450 million in Bengaluru-based at a $5.5 billion valuation.





“I am writing to let you know that Vivek Sunder, our COO, has decided to pursue interests outside of and will transition out of the organization by October,” said Swiggy co-founder and chief executive officer Sriharsha Majety, in a letter, addressed to the employees and which has been seen by Business Standard.


“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,” said Majety.


An alumnus of Netaji Subhas Institute of Technology and IIM-Calcutta, Sunder had been leading Swiggy’s business operations as COO since July 2018.


Sunder has played a very significant role in the growth story of Swiggy – as a brand, service and as an organization, since joining the firm 3 years ago. He played a pivotal role in expanding the geographical footprint of the marketplace business taking Swiggy beyond more than 500 cities and later rallied the organization to drive a step-change in the unit economics of the marketplace business.


“He also 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,” said Majety.


He said Sunder’s thought leadership on strategic moves on the supply and operations sides has given the company a solid foundation.


On the organizational side, Sunder has played a key role in infusing large organisation thinking in the company with a constant focus on scalability. He has also played a pivotal role in laying the seeds of practising deep consumer empathy in the way Swiggy looks at its products and offerings. He leveraged it to come up with simple moves that can drive big gains in consumer perception as opposed to technically complex solutions.


“He has also represented the company across media, industry forums, and campuses as a Swiggy ambassador,” said Majety. “Vivek (Sunder) will be missed for his zeal, for always pushing the boundary on consumer thinking and the functional mastery he brought to the table. I thank him for his contributions and wish him all the very best in all his future endeavours.”


Prior to Swiggy, he led P&G’s business in East Africa based out of Nairobi. 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.


In Swiggy, he has led the effort to scale the company across cities. He also led the restructure for faster and better decisions so that the company continues to operate as a nimble startup while it scales.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *