An alumnus of Visvesvaraya Technological College and Indian Faculty of Enterprise, Shankar beforehand labored with the likes of Lenskart, OYO, Zomato, Airtel, amongst others
The just lately listed firm can be piloting a high-priced concierge membership that gives customers entry to high-profile experiences and occasions
Earlier this week, Swiggy listed on the Indian inventory exchanges at a premium of 8% on the NSE and virtually 6% on the BSE in comparison with its situation worth of INR 390 per share
Foodtech main Swiggy
An alumnus of Visvesvaraya Technological College and Indian Faculty of Enterprise, Shankar has greater than a decade’s expertise beneath her belt. Apart from Lenskart, she beforehand labored with OYO, Zomato, Airtel, amongst others.
“I look ahead to contributing to a tradition that values creativity and purposeful scaling, and I’m excited in regards to the alternative to collaborate with numerous groups throughout the organisation and companions nationwide to make a significant influence on this position,” mentioned Shankar.
The appointment comes at a time when Swiggy’s rival Zomato is betting large on the going out vertical and plans to quickly launch a brand new app for it, District. Swiggy, which owns DineOut, additionally plans so as to add ticketing, expertise and reside occasions to its SteppinOut vertical.
The just lately listed firm can be piloting a high-priced concierge membership that gives customers entry to high-profile experiences and occasions. The brand new providing, Uncommon Membership, will goal excessive internet value people (HNIs) and could have an annual membership north of INR 50,000.
Commenting on Shankar’s appointment, Swiggy mentioned in a LinkedIn put up, “… With 14 years of expertise in driving progress, growth, and P&L administration for Web commerce, she brings invaluable experience to our management group.”
The event comes shut on the heels of Swiggy rejigging its high deck final week, forward of the general public itemizing, to bolster its fast commerce and meals supply play.
Whereas the corporate roped in ex-Flipkart govt Shalabh Shrivastava as senior vp (SVP) of driver organisation, the foodtech main additionally named Hari Kumar G as senior vp and chief enterprise officer (CBO) for Swiggy Instamart.
Swiggy listed on the Indian inventory exchanges earlier this week after a public situation that comprised a recent situation of shares value INR 4,999 Cr and supply on the market (OFS) of 17.5 Cr shares. Whereas the foodtech main listed at INR 420 on the NSE, a premium of practically 8% from its IPO situation worth of INR 390 per share, the inventory made its debut on the BSE at INR 412, a premium of just about 6%.
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