Economic Times Tech
6/24/2026
Swiggy Instamart COO Ankit Jain, CBO Hari Kumar quit amid top-level rejig
Short summary
Swiggy Instamart loses COO Ankit Jain and CBO Hari Kumar amid organizational changes as the Indian quick commerce sector intensifies. Both executives previously led similar operations at Flipkart and were key to building Instamart's business. The departures occur against mounting competitive pressure from other quick commerce players scaling rapidly.
- •Swiggy Instamart's COO and Chief Business Officer resign citing personal reasons
- •Both were veteran Flipkart executives instrumental in launching quick commerce
- •Occurs amid fierce competition and aggressive market expansion by rival platforms
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