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SwiggyExecutive departure

Swiggy cofounder Nandan Reddy steps down, may start up again.

What happened

Nandan Reddy left Swiggy as cofounder on Apr 10th '26.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Swiggy cofounder Nandan Reddy steps down, may start up again. Supriya Roy / TNN / Apr 10, 2026, 23:10 IST Bengaluru: Swiggy cofounder Nandan Reddy has stepped down from the company's board and will exit the firm to pursue independent projects, marking a key founding-level transition at the listed food delivery and quick commerce platform. The company disclosed in a stock exchange filing on Friday that Reddy is "stepping down from his board position and moving on from Swiggy to pursue personal independent projects," with effect from April 10. People aware of the matter said Reddy is likely to start up again, although details of his next venture are not yet known. Swiggy was founded in 2014 by Sriharsha Majety, Reddy and Rahul Jaimini. While Majety continues as group CEO, Jaimini exited the company in 2020 and went on to found Pesto AI, a startup that connects companies to remote developers. In an internal email to employees, Reddy reflected on his journey with Majety, calling him a mentor, cofounder and "one of my closest friends," and said he would count the association among the "greatest privileges" of his life. Reddy's exit comes at a time when Swiggy is navigating a crucial phase as a publicly listed company, balancing growth ambitions in quick commerce with profitability pressures. The company faces intensifying competition in quick commerce from rivals such as...

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Extracted by Autobound

From the Signal API record
Event
Executive departure

What this signalsA leader's exit often changes who makes buying decisions.

Person
Nandan Reddycofounder
Takes effect
Apr 10, 2026

More executive departure signals at other companies

The full record

From the Signal API record

People

  • Nandan Reddycofounder · Named in the story

Details

Category
Leaves

Topics and mentions

Job title tags

  • directors

Extraction

Confidence
70%
Detected
Apr 10, 2026
signal_type
news
signal_subtype
leaves

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/72bb4b7e-e795-4106-85af-e7a162777c19 returns this record as JSON. POST /v1/companies/enrich returns every signal for swiggy.com.

{
  "signal_id": "72bb4b7e-e795-4106-85af-e7a162777c19",
  "signal_type": "news",
  "signal_subtype": "leaves",
  "detected_at": "2026-04-10T11:40:11+00:00",
  "company": {
    "name": "Swiggy",
    "domain": "swiggy.com"
  },
  "data": {
    "url": "https://timesofindia.indiatimes.com/business/india-business/swiggy-cofounder-nandan-reddy-steps-down-may-start-up-again/articleshow/130176951.cms",
    "title": "Swiggy cofounder Nandan Reddy steps down, may start up again.",
    "contact": "Nandan Reddy",
    "excerpt": "Swiggy cofounder Nandan Reddy steps down, may start up again.\n\nSupriya Roy / TNN / Apr 10, 2026, 23:10 IST\n\nBengaluru: Swiggy cofounder Nandan Reddy has stepped down from the company's board and will exit the firm to pursue independent projects, marking a key founding-level transition at the listed food delivery and quick commerce platform. The company disclosed in a stock exchange filing on Friday that Reddy is \"stepping down from his board position and moving on from Swiggy to pursue personal independent projects,\" with effect from April 10. People aware of the matter said Reddy is likely to start up again, although details of his next venture are not yet known. Swiggy was founded in 2014 by Sriharsha Majety, Reddy and Rahul Jaimini. While Majety continues as group CEO, Jaimini exited the company in 2020 and went on to found Pesto AI, a startup that connects companies to remote developers. In an internal email to employees, Reddy reflected on his journey with Majety, calling him a mentor, cofounder and \"one of my closest friends,\" and said he would count the association among the \"greatest privileges\" of his life. Reddy's exit comes at a time when Swiggy is navigating a crucial phase as a publicly listed company, balancing growth ambitions in quick commerce with profitability pressures. The company faces intensifying competition in quick commerce from rivals such as...",
    "summary": "Nandan Reddy left Swiggy as cofounder on Apr 10th '26.",
    "category": "leaves",
    "found_at": "2026-04-10T11:40:11Z",
    "planning": false,
    "image_url": "https://static.toiimg.com/thumb/msid-130176949,width-1280,height-720,imgsize-284294,resizemode-6,overlay-toi_sw,pt-32,y_pad-600/photo.jpg",
    "job_title": "cofounder",
    "confidence": 0.6972,
    "published_at": "2026-04-10T23:10:00Z",
    "effective_date": "2026-04-10",
    "job_title_tags": [
      "directors"
    ],
    "article_sentence": "Swiggy cofounder Nandan Reddy steps down, may start up again."
  }
}

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