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Swiggy recasts board following IPO; SoftBank, Accel nominees exit

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Food and grocery delivery company Swiggy has reconstituted its board of directors—in the first recast since its November 2024 listing, with key and early-stage investors stepping down and a new independent director coming on board.

SoftBank’s Sumer Juneja and Accel partner Anand Daniel have resigned from the board, according to a regulatory filing made with the stock exchanges. SoftBank and Accel are among Swiggy’s early and significant backers.

Faraz Khalid, chief executive of UAE-based ecommerce company Noon, has joined Swiggy’s board as an…

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