Swiggy Appoints Myntra Founder Mukesh Bansal As Strategic Advisor

Swiggy Appoints Myntra Founder Mukesh Bansal As Strategic Advisor

Bengaluru-based food-ordering app, Swiggy has announced that Mukesh Bansal has joined the company’s Advisory Board as a Strategic Advisor, in a statement today.

Bansal was the founder and former CEO of fashion ecommerce platform, Myntra. In March 2016, Bansal, and  Ankit Nagori, former Chief Business Officer at Flipkart, who resigned from Flipkart in February 2016, teamed up to launch a startup in the area of healthcare, and sports and fitness. He is currently the founder CEO of Curefit, set to launch in early 2017.

In another development, Bansal has also joined the board of Gurugram-based logistics startup Rivigo. Talking about the development, he said, “Besides building CureFit, I wanted to work with a few entrepreneurs who are building a large business that could be billion-dollar companies in a few years.”

Bansal’s strong customer focus and business fundamentals will be crucial for Swiggy as it continues to build an efficient food-ordering platform.

Additionally, his role in building an incredible product and scaling private brands at Myntra will prove to be beneficial for Swiggy, as they run a host of initiatives to solve different problems for their consumers.

Sriharsha Majety, co-founder, Swiggy said, “We now have Mukesh Bansal on board as we navigate the complexities of a rapidly growing business and build the foundation of a very valuable company. He brings an intricate familiarity with the ecommerce business, metrics, goals, and complexities. His guidance shall help the leadership team achieve the goal of changing the way India eats and drive Swiggy’s next phase of growth. His expertise will add significant value to our growth, and strengthen our capabilities.”

Earlier this year, Swiggy raised $35 Mn in Series C round of funding from New York-based investors Harmony Partners and Singapore-based RB investments. Existing investors SAIF Partners also participated in this round. Till date, it has raised $75.5 Mn from Bessemer Venture Partners, Norwest Venture Partners, SAIF Partners, and Accel Partners in four rounds of funding.

Swiggy was founded in August 2014 by BITS Pilani alumni Sriharsha Majety, Nandan Reddy, and IIT Kharagpur graduate Rahul Jaimini.

The startup is currently operational in eight cities including Bengaluru, Gurugram, Hyderabad, Delhi, Mumbai, Pune, Kolkata, and Chennai with over 9,000 restaurants listed on its platform.

You have reached your limit of free stories
This Holi, Paint Your Startup Journey
with Innovation & Intelligence!

Join The Community Trusted By India’s Top 1% Startup Founders, Investors & Operators and stay ahead in India’s startup & business economy.

Holi Offer Ending In
countdownmail.com
2 YEAR PLAN
₹19999
₹6499
₹270/Month
UNLOCK 68% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹3499
₹291/Month
UNLOCK 65% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Swiggy Appoints Myntra Founder Mukesh Bansal As Strategic Advisor-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Swiggy Appoints Myntra Founder Mukesh Bansal As Strategic Advisor-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Swiggy Appoints Myntra Founder Mukesh Bansal As Strategic Advisor-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Swiggy Appoints Myntra Founder Mukesh Bansal As Strategic Advisor-Inc42 Media
Swiggy Appoints Myntra Founder Mukesh Bansal As Strategic Advisor-Inc42 Media
You’re in Good company