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Swiggy ‘acqui-hires’ Bengaluru-based gourmet food startup 48East

Swiggy Food Delivery

Online food ordering and delivery platform Swiggy announced it has acqui-hired the management team of Bengaluru-based gourmet Asian food startup 48East on Friday. As per the terms of the deal, 48East founders Joseph Cherian and Nabhojit Ghosh will join the Swiggy team. Cherian will be taking on the role of COO of the company's New Supply business line. In a release to the media Sriharsha Majety, co-founder, and CEO of Swiggy said the 48East team will help enable Swiggy with "additional capabilities". This development comes a week after the company hired Vishal Bhatia as the CEO of the New Supply business and former OLAM executive Rahul Bothra as its first ever Chief Financial Officer. Other developments at Swiggy In November the company had launched Swiggy Access, a programme which allows restaurants to move into or set up a kitchen in…

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