Swiggy is set to debut on the Indian stock exchanges on Wednesday, marking a milestone in the next phase of the company. The company launched its high-profile initial public offering last week

Swiggy is taking in executives experienced in areas like furniture, electronics, and fashion, etc, from companies like Flipkart and Amazon

At least a dozen senior executives from these platforms have joined Swiggy in the last year, as the IPO-bound firm looks to expand beyond food and grocery delivery.

In August, Flipkart senior vice president of category and marketplace Amitesh Jha joined Swiggy as the chief executive of Instamart, while Dhruvish Thakkar, a senior director at Flipkart Epharma, moved to Swiggy the following month as assistant vice-president of Dineout – its dining out vertical.

Walmart-owned Flipkart and Amazon, both of which are experiencing rapid growth in India's Rs 70 billion e-commerce market, face rising regulatory scrutiny.

The Swiggy IPO got a fairly sluggish response, subscribed just over three times, mostly by institutional investors on the last day, just like the Hyundai IPO Today Gold Rate: The price of 10 gm of 24 carat gold is Rs.

Food delivery company Swiggy has been hiring more and more executives from e-commerce firms like Amazon and Flipkart as the company plans to expand its businesses and diversify its revenue streams. Nearly a dozen senior executives from these e-commerce ...