TAFE chairman and MD Mallika Srinivasan resigns as independent director at Swiggy amidst upcoming IPO.

Mallika Srinivasan, chairman and managing director of TAFE, has resigned as an independent director from the board of Swiggy, an online food delivery platform. The company mentioned that the Padma Shri awardee stepped down due to increasing business commitments. Srinivasan, along with Shailesh Haribhakti, chairman of Shailesh Haribhakti & Associates, and Sahil Barua, managing director and CEO at Delhivery, was appointed to Swiggy's board in February last year. This news comes as Swiggy is reportedly preparing to launch an initial public offering (IPO), with the offering likely to happen later this year.

February 08, 2024
7 Articles