Rahul Jaimini, one of the cofounder who established Swiggy alongside Sriharsha Majety and Nandan Reddy in 2014, has decided to quit the firm. He will join Ayush Jaiswal’s Pesto Tech, a career accelerator startup as their prime supporter, the company said in an announcement.
Capacities drove by Jaimini including platform engineering, analytics, IT, and Swiggy Labs, will presently answer to Dale Vaz, the head of engineering and data information science.
“Technology was crucial to what we set out to build when we started Swiggy… 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,” said Majety, CEO, Swiggy.
It’s the end of an era for @swiggy_in ! Countless memories creating this company from scratch over 6 years, and thankful to @rahuljaimini for every one of them! (1/2)https://t.co/geYXMyG4Ug
— Sriharsha Majety (@harshamjty) May 7, 2020
While Jaimini will never again be associated with everyday commitments at Swiggy, he will keep on being a board member and shareholder at the swiggy.
In April, Swiggy shut its most recent investment round at about $150 million drove by Naspers alongside small venturers Ark Impact, Korea Investment Partners, Samsung Ventures and Mirae Asset Capital Markets.
“Swiggy’s investors continue to put their trust in the company’s leadership and their ability to execute towards… offering unparalleled convenience to consumers,” the organization said in the announcement.
In March 2018, rival Zomato’s prime supporter Pankaj Chaddah had surrendered following a 10-year stretch.