Swiggy tightens control of its board amid plans to buy Uber Eats
Bengaluru, March 12 -- Ahead of a possible acquisition of Uber Eats by Swiggy, the latter has made changes to its articles of association to possibly avoid ceding control to investors of Uber Technologies Inc. in the future. Bundl Technologies Pvt. Ltd, which runs and operates Swiggy, has added a clause that any Swiggy investor can't hold a board seat in Uber or any of its entities, according to the company's filings with the ministry of corporate affairs (MCA), sourced through business intelligence platform Paper.vc....
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