New Delhi, May 22 (IANS) Quick commerce services provider Swiggy has failed to secure the necessary per cent of shareholders’ approval to alter its Articles of Association, in order to qualify as an Indian-owned and controlled company, according to an exchange filing.The postal ballot on the proposed amendment received 72.36 per cent of votes from shareholders, missing the required threshold by 2.65 per cent, the company said.Postal ballot also sought approval for appointment of Renan De Castro …
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New Delhi, April 10 (IANS) Nandan Reddy, co-founder of Swiggy, has stepped down from the company with immediate effect, according to an exchange filing on Friday.Reddy is expected to start his own venture and focus on building a new startup, as per the report.He played a key role in Swiggy’s early days, helping set up operations along with co-founder and group CEO Sriharsha Majety.“Lakshmi Nandan Reddy Obul, WholeTime Director – Head of Innovation, has resigned with effect from April 10, 2…