Majety has largely avoided the limelight, a sharp contrast to his counterpart Deepinder Goyal, Zomato’s CEO, who is known for his active social media presence and public appearances.

Going by the draft papers, the company plans to utilise proceeds from the fresh issue for investing in technology and cloud infrastructure; brand marketing and business promotion; and debt payment; and funds will also be allocated for inorganic growth and general corporate purposes.

Swiggy, the food delivery giant, debuted on the stock market. CEO Sriharsha Majety, usually media-shy, marked the occasion with a rare public appearance. Majety shared the origin story of Swiggy, tracing it back to his days at IIM Calcutta.

Swiggy’s reclusive CEO Sriharsha Majety made a rare public appearance this morning at his company’s stock market debut.

In a gesture of sportsmanship, Zomato CEO Deepinder Goyal extended his congratulations to rival food delivery platform Swiggy on its successful stock market debut on Wednesday. Swiggy's shares are listed at a premium of nearly 8 per cent on the National Stock Exchange ( NSE ).

Zomato CEO Deepinder Goyal publicly congratulated Swiggy on its successful IPO debut. Goyal's message on X celebrated this achievement as a win for the entire food delivery industry in India. Swiggy responded with humorous posts expressing their joy,

Swiggy shares listed at a premium of 8% over issue price, beating GMP estimates on the National Stock Exchange (NSE).

On Swiggy’s IPO day, Zomato turned to social media platforms X and Instagram to share a humorous meme that quickly went viral. The post celebrated Swiggy’s big moment with a lighthearted nod.