Swiggy appoints former Myntra chief Nandita Sinha as Instamart CEO
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Swiggy has appointed former Myntra Chief Executive Officer Nandita Sinha as the Chief Executive Officer of its quick commerce business Instamart, effective August 3, as the company looks to strengthen leadership amid intensifying competition in the fast-growing quick commerce segment. Sinha succeeds Amitesh Jha, who led Instamart through a key phase of expansion and product innovation. Swiggy did not disclose Jha's next role. "Nandita is one of India's most accomplished consumer internet leaders, and I'm enthusiastic about the vision, customer obsession and operational rigour she brings to the team we've built at Instamart," Sriharsha Majety, Managing Director and Group CEO of Swiggy, said in a statement. Majety credited Jha with steering Instamart through a critical period of growth. "Amitesh has provided valuable leadership to Instamart, guiding the platform through a pivotal era of growth, doubling down on Instamart's differentiation with launches like Noice, and steadily improving our contribution margin journey. Over his tenure, he has been instrumental in scaling Instamart through a critical growth phase, building a strong, high-performing culture, and leaving the organisation in a solid, well-run state," he said. Sinha said she was looking forward to leading the business through its next phase of growth. "I have long admired what the team at Instamart has built. It's...
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