secretstalks
As Swiggy prepares for a public market entry, the company has appointed Amitesh Jha, formerly a senior vice president of category and marketplace at Flipkart, as the new CEO of its quick-commerce business, Instamart, according to an email from co-founder and group CEO Sriharsha Majety to employees.
Phani Kishan Addepalli, who previously led Instamart, will now head Swiggy’s central growth team, overseeing initiatives such as the subscription service Swiggy One. Additionally, Addepalli will take on the role of Chief of Staff to Majety.
Majety noted in the email that ET has reviewed that Addepalli, who assumed leadership of Instamart last year, has significantly enhanced the business by improving the consumer experience and profitability.
In the same email, Majety also announced that Swiggy’s Chief Growth and Marketing Officer, Ashwath Swaminathan, has departed from the company.
Swaminathan, who joined Swiggy from Hindustan Unilever in February of this year, had overseen the brands and consumer insights team. This team will now report directly to Majety.
Prior to his new role at Swiggy, Jha had a 14-year tenure at Flipkart, where he began as a category head in 2010 and advanced through various teams, including the logistics division Ekart and the value-products unit Shopsy. Swiggy officially confirmed his appointment in a news release on Thursday.
This post was created with our nice and easy submission form. Create your post!
