Delhivery CEO Sahil Barua Resigns as Independent Director from Swiggy Board:

Sahil Barua, Founder and CEO of Delhivery, has officially stepped down from his role as Independent Director on the board of Swiggy, effective from the close of business hours on April 11, the company confirmed in a regulatory filing.

The resignation follows Delhivery’s recent acquisition of rival Ecom Express, a move aimed at bolstering its logistics and delivery operations.

Citing Work Commitments as the Reason

In his resignation letter, Barua cited an increased workload as the reason for his departure. “I find myself unable to dedicate the necessary time and attention required to fulfill my responsibilities as an Independent Director on your Board… it would be in the best interest of the company for me to step down,” he stated.

A Key Contributor to Swiggy’s IPO Preparation

Barua joined Swiggy’s board as one of its first independent directors nearly two years ago, at a time when the company was preparing for its Initial Public Offering (IPO).

“Barua has played a meaningful role in the company’s journey as we’ve scaled and transitioned into the public markets,” said Anand Kripalu, Chairperson of the Swiggy Board, acknowledging Barua’s contributions during a crucial phase in the company’s growth.