Swiggy's subscription-based grocery delivery service Supr Daily has been made a separate business unit within Bundl, the parent company of Swiggy, the company announced on September 28. Swiggy's newly elevated co-founder Phani Kishan will take reign as chief executive officer of Supr while Supr's cofounders Puneet Kumar, Shreyas Nagdawane, and Rohit Jain will exit, the company said. This move marks an important step in Swiggy's increased focus on its non-food delivery businesses. What does this restructure mean for Supr? Supr's organisational structure now mirrors that of Swiggy (food delivery) and Instamart (grocery delivery). "This will help Supr with the advantages that Swiggy has access to and accelerate its journey," the company said. The change allows Supr to immediately tap into the resources and structures already available within Swiggy in terms of support functions of HR, Admin, Legal, IT, and Finance. However, Supr will continue to have dedicated business teams to ensure the "necessary focus and nimbleness to achieve their goals," Swiggy said. Why has Swiggy made this change? "While food delivery continues to be our flagship category, we’ve also made some great progress in realizing our larger vision of elevating the quality of life by delivering unparalleled convenience," Swiggy CEO Sriharsha Majety said. "We’ve done this on the back of strong traction in the grocery delivery business. This business is 10x the size of the food services industry." "We have the potential to build a category that is larger than our food delivery business," Majety added. (emphasis ours) "Supr Daily currently serves ~500k…
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