Meet Phani Kishan, Rs 87000-crore firm's employee elevated as co-founder; IIT Madras, IIM alumnus was just a manager

Phani Kishan Addepalli's story is very inspiring. The man joined a company in 2015 as an employee and became its co-founder due to his sheer hard work, problem-solving skills and intelligence. Swiggy, the food-delivery application that is valued at 10.7 billion dollars (Rs 87000 crore), in 2021, elevated the man from his position of  vice-president for strategy and investments to that of a co-founder.

This made him the third co-founder -- after Sriharsha Majety and Nandan Reddy. Rahul Jaimini, another co-founder, had quit the company to make his own startup.

Phani Kishan Addepalli's Addepalli had joined the company in 2015.

Majeta had said in a blog in 2021 that Phani was a go-to guy for people seeking solutions, since he joined the company. He had said that he was part of the core team and possessed a can-do attitude and the mentality of a founder. He had also called him "goal-worthy".

He joined as a general manager.

Phani Kishan Addepalli had become the CEO of SuprDaily. Recently, he was also given the charge of Swiggy's Instamart as the head of the vertical Karthik Gurumurthy quit. He was posted as the Senior Vice President at Swiggy.

He was assistant vice president till October 2020 when he was promoted as the Vice President Strategy and Investments. He joined as a general manager.

He was a senior associate at Boston Consulting Group before this.

He completed PGDM from IIM Calcutta. Before this, he did his engineering from IIT Madras.

In 2021, Swiggy had allotted MSOP shares worth Rs 8.3 crore to him.