According to reports, Delhivery cofounder and CEO Sahil Barua has resigned from the board of food and grocery delivery company Swiggy citing increased professional commitments.

“Due to my increased professional commitments as the chief executive officer of Delhivery Limited, I find myself unable to dedicate the time and attention required to fulfil my responsibilities as an independent director on your board,” Sahil wrote in his resignation letter.

In January of this year, Delhivery ventured into rapid commerce—offering a two-hour delivery service for brands in Bengaluru, Chennai, and Hyderabad, intending to grow into additional cities. Moreover, Delhivery's primary revenue source from ecommerce shipments has been encountering challenges due to a general slowdown and rising competition from quick commerce.

“Sahil was one of the first independent members of Swiggy’s board, and has played a meaningful role in the company’s journey as we’ve scaled and transitioned into the public markets,” said Anand Kripalu, chairman, Swiggy.

Besides Barua and Kripalu, Swiggy’s board of directors comprises independent directors Shailesh Haribhakti and Suparna Mitra, Prosus nominee directors Roger Rabalais and Ashutosh Sharma, SoftBank nominee director Sumer Juneja, Accel’s Anand Daniel, and Swiggy cofounders Sriharsha Majety and Nandan Reddy.

Earlier this month, Delhivery acquired its rival Ecom Express in an all-cash deal for Rs 1,407 crore. On Friday, Delhivery published a list of frequently asked questions (FAQs) in an attempt to address concerns over the impact of Ecom Express’s integration on its financials.

Meanwhile, Swiggy is tied in a quick commerce battle with rivals Eternal-owned Blinkit and Lightspeed-backed Zepto.

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In a November 2024 interview, the economics of deliveries in 10-15 minutes may not be sustainable for categories beyond groceries and fast-moving consumer goods.

"Over 95 percent of the market is not amenable to quick commerce. I’m not sure that quick commerce is eating (share from ecommerce). The reality is quick commerce is eating share from kirana stores," says Sahil.