Swiggy names former Myntra CEO Nandita Sinha as Instamart's new chief after Amitesh Jha's exit, the third senior departure at the quick commerce arm in a month.
Swiggy has named former Myntra chief executive Nandita Sinha as the new CEO of its quick commerce arm, Instamart, effective August 3, following the resignation of Amitesh Kumar Jha. The leadership change marks the third top-level exit at Instamart in a little over a month, coming as the platform continues to trail rivals Blinkit and Zepto in order volume within India's increasingly crowded quick commerce market.
Jha's exit and the handover to Sinha
Jha tendered his resignation to Swiggy's Managing Director and Group CEO Sriharsha Majety to pursue opportunities outside the company, according to a regulatory filing, and ceased to be part of Swiggy's senior management with immediate effect.
Swiggy's exchange filing acknowledged his contributions and placed on record its appreciation for the guidance he provided during what the company described as a critical phase of Instamart's expansion, including the launch of its 15-minute delivery service, Noice. Majety, welcoming Sinha, called her one of India's most accomplished consumer internet leaders and said he was enthusiastic about the vision, customer obsession, and operational rigour she brings to the Instamart team.
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