Co-founder; former Whole-time Director and Head of Innovation, resigned April 2026 of Swiggy, an e-commerce company based in Bengaluru.
Lakshmi Nandan Reddy is Co-founder; former Whole-time Director and Head of Innovation, resigned April 2026 of Swiggy, an e-commerce company based in Bengaluru, founded in 2014.
Indian food delivery and quick commerce company, operating its core restaurant delivery platform alongside Instamart in quick commerce and a supply chain and distribution arm serving restaurants and retailers. It is listed on the NSE and BSE.
Company profile →ProfileFounded in Bengaluru by Sriharsha Majety, Nandan Reddy and Rahul Jaimini, launching with a full-stack model that owned its own delivery logistics rather than relying on restaurants.
Acquires Lynk Logistics through a share swap at an undisclosed value, entering India's retail B2B distribution market.
Lists on the BSE and NSE, trading as SWIGGY.
Co-founder Lakshmi Nandan Reddy resigns with immediate effect from his role as Whole-time Director and Head of Innovation, per an exchange filing dated 10 April.
Reports FY26 revenue of ₹23,053 crore, up 45 per cent, with a net loss of ₹4,154 crore. Food delivery gross order value hits a 15-quarter high and Instamart GOV grows 68.8 per cent year on year in Q4.
Agrees to transfer Lynk to Udaan's parent Trustroot Internet at a ₹500 crore enterprise value, settled in preference shares, and invests a further ₹75 crore for a combined stake of about 3.2 per cent in Udaan.
