IPO-bound Swiggy inducts Anand Kripalu as chairman

IPO-bound Swiggy said it has appointed former Diageo India MD and chief executive Anand Kripalu as an independent director and chairman of its board.

07 Dec 2023 | By Disha Chakraborty

wiggy has named FMCG veteran Anand Kripalu as an independent director and chairperson of its board of directors

IPO-bound Swiggy said it has appointed former Diageo India MD and chief executive Anand Kripalu as an independent director and chairman of its board.

WhatPackaging? magazine readers will recall that In June 2021, Anand Kripalu was appointed as CEO at Blackstone-backed EPL Ltd (formerly known as Essel Propack). Prior to that, he was the managing director and CEO of Diageo India. He has also held leadership roles at Mondelez International Inc. and Unilever Plc.

The board appointment comes at a time when Swiggy is said to be preparing for an IPO in 2024.

As per a press statement from Swiggy, "Anand Kripalu is a veteran in the consumer goods industry, and his deep knowledge and perspective will be instrumental in guiding Swiggy as we continue to innovate and redefine the on-demand delivery landscape in India."

Swiggy's independent directors include Delhivery founder and chief executive officer Sahil Barua, chairperson at Tafe Mallika Srinivasan, and chartered accountant Shailesh Haribhakti. The board members include co-founders Sriharsha Majety and Nandan Reddy. Then there are: Larry Illg and Ashutosh Sharma from Prosus, SoftBank's Sumer Juneja and Accel's Anand Daniel.

WhatPackaging? magazine had reported as to how EPL bagged  the PrintWeek Awards 2023 as the Green Company of the Year – Large (Joint Winner).

The world's largest specialty packaging company specialising in manufacturing laminated plastic tubes has a gold medal from EcoVadis. This is an affirmation of the company's commitment to sustainability under the leadership of Anand Kripalu.
 

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The packaging industry is confused by recycling and sustainability rules in India. What is the biggest challenge?

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The packaging industry is confused by recycling and sustainability rules in India. What is the biggest challenge?

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