India, Feb. 13 -- Lizzie Chapman, the cofounder of Jio Platforms-backed SwiffyLabs, has stepped down from her executive position less than a year after its official launch, sources told Inc42.

Chapman didn't respond to Inc42's queries on the development. The story will be updated upon receiving a response.

A spokesperson of SwiffyLabs told Inc42 that Chapman, who joined SwiffyLabs as a founding team member, would continue to serve the company in an advisory capacity.

The development was first reported by the Economic Times.

Chapman cofounded SwiffyLabs in April 2024 in partnership with Ashish Anantharaman after both of them quit ZestMoney in 2023.

As per SwiffyLabs's website, the B2B company provides an end-to-end loan management sys...