Amitesh Jha resigns as Instamart CEO, Nandita Sinha appointed new chief
New Delhi, July 28
Swiggy Limited on Tuesday announced a major leadership transition at its quick commerce business, Instamart, with Chief Executive Officer Amitesh Kumar Jha stepping down to pursue opportunities outside the company.
The food delivery and quick commerce platform has appointed former Myntra CEO Nandita Sinha as the new Chief Executive Officer of Instamart, effective August 3, 2026.
According to the company, Jha submitted his resignation on July 28 and ceased to be a member of Swiggy's senior management with immediate effect.
Swiggy acknowledged his contributions and placed on record its appreciation for the role he played during a critical phase of Instamart's expansion.
"This is to inform that Amitesh Kumar Jha, Chief Executive Officer -
Instamart has tendered his resignation to pursue other opportunities and
accordingly ceases to be Senior Management Personnel ('SMP') of the Company," it said in its exchange filing.
"The company places on record its appreciation for the valuable contributions and guidance provided by Amitesh Kumar Jha during his association with the Company," it added.
Sinha joins Instamart after leading Myntra as its Chief Executive Officer. She brings more than two decades of experience across consumer businesses, having held leadership roles at Myntra, Flipkart, Britannia Industries and Hindustan Unilever.
Her experience spans fashion, e-commerce and the fast-moving consumer goods (FMCG) sector, making her one of the most experienced executives in India's consumer internet ecosystem.
The appointment comes at a time when Swiggy has witnessed a series of leadership changes following its public listing. In recent months, the company has seen the exits of Company Secretary and Compliance Officer M. Sridhar, Independent Director Sahil Barua, nominee directors Sumer Juneja, Anand Daniel and Roger Clark Rabalais, co-founder Lakshmi Nandan Reddy Obul, along with senior Instamart executives Ankit Jain and Hari Kumar.
Commenting on the appointment, Swiggy Group CEO Sriharsha Majety described Sinha as "one of India's most accomplished consumer internet leaders", saying her strong customer focus and operational expertise would help steer Instamart through its next phase of growth.
He also thanked Jha for his leadership, noting that he had guided the quick commerce business through a pivotal period by driving initiatives such as Noice, strengthening Instamart's differentiation strategy and improving its contribution margins.
— IANS
Reader Comments
Nandita Sinha is a brilliant choice! She understands Indian consumers better than most. But the real challenge for Instamart is competing with Zepto and Blinkit - they're giving 10-minute delivery consistently. Also, no one's talking about these massive losses in quick commerce. Hope she can make it profitable or at least sustainable for the long run.
Amitesh Jha did a commendable job scaling Instamart and launching Noice. But honestly, these quick commerce companies are burning cash like there's no tomorrow. Nandita has her work cut out - she needs to focus on unit economics and profitability rather than just growth. As an investor, I'm watching closely. 📉
Nandita Sinha is a legend in Indian e-commerce! Her stint at Myntra was phenomenal - she took it from a struggling platform to a profitable powerhouse. This is a massive win for Swiggy. But yaar, all these upcoming IPOs and quick commerce expansions are just creating a bubble... customer acquisition costs are insane! Let's see if she can bring Instamart to profitability before the bubble bursts.
Great to see Nandita get this opportunity - she's genuinely one of India's most accomplished consumer leaders. But as someone who follows Swiggy's stock, these senior management exits are concerning. The company needs to stabilize its leadership team. Instamart's future depends on how quickly she can integrate and execute.
Impressive hire! Nandita Sinha's experience across HUL, Britannia,
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