SUMMARY
Jaimini will be transitioning from his active role in Swiggy in May
He will continue to be a shareholder and board member of Swiggy
Jaimini has been an angel investor in Pesto since May 2019
Bengaluru-based foodtech unicorn Swiggy has announced that its cofounder and CTO Rahul Jaimini is moving on from the company. Jaimini will be joining Gurugram-based edtech company Pesto as cofounder. It is interesting to note that Swiggy cofounders had invested in Pesto last year in May.
Jaimini will be transitioning from his active role in Swiggy in May but will continue as a shareholder and board member. Currently, Jaimini leads functions like Platform Engineering, Analytics, IT and Labs which will be realigned to Dale Vaz, head of engineering and data science, who has been with the company for close to two years.
Swiggy was founded in 2014 by Jaimini along with Sriharsha Majety and Nandan Reddy. The company offers food delivery as well as grocery along with hyperlocal deliveries. It claims to connect consumers to over 160K restaurant partners and stores across more than 520 cities.
Sriharsha Majety, cofounder and CEO, Swiggy, said, “Technology was crucial to what we set out to build when we started Swiggy. Nandan and I could not have asked for a better partner to handle this aspect of the company. It was Rahul’s immense passion to ‘build for the billions’ that drove technological innovations that set Swiggy apart as we grew phenomenally over the years. Rahul is a close friend of ours and we wish him nothing but the best as he goes on to pursue what he has planned next.”
The company said that Jaimini played a key role in building Swiggy’s technology backbone while overseeing its evolution into the complex system that harnesses terabytes of data and AI/ML to deliver personalised experiences at scale.
“Working with technology that has large scale impact is what excites me and I am grateful to have had the opportunity to do just this at Swiggy and grow tremendously over the years. Although the time has come to move on and pursue other interesting challenges, I will continue to cheer for Harsha, Nandan and the entire Swiggy team as it strives towards delivering unparalleled convenience for consumers across the country,” said Rahul Jaimini.
Founded in 2018 by Ayush Jaiswal and Andrew Linfoot, Pesto is trying to bridge the skill gap between engineers and multinational companies. The startup offers two different programmes – Pesto PRO and Pesto Remote – designed for experienced engineers who want to “superskill” themselves to go from good to great and become proficient to break into international high tech careers.
Pesto basically aims to enable global pay parity and borderless opportunities for Indian engineers. The startup works with multiple employers in Silicon Valley and has received total funding of $2Mn from Matrix partners and angel investors.
