Swiggy-owned Instamart appoints Gautam Swaroop as Chief Business Officer

Swiggy-owned quick commerce platform Instamart on Wednesday announced the appointment of former OYO executive Gautam Swaroop as its Chief Business Officer (CBO).

The development comes days after Hari Kumar resigned as Instamart's CBO. The quick commerce platform's Chief Operating Officer Ankit Kumar also stepped down recently.

"Gautam's appointment is part of a broader strengthening of Instamart's leadership team. The platform has also welcomed Srikar Adavi, VP, Ad Monetisation, and Hardeep Kaur, AVP, Category (FMCG), among others," Swiggy stated.

In this role, Gautam will oversee Instamart's commercial operations spanning customer-centric growth, category management, and brand relationships and expansion, it added.

Most recently, as CEO of OYO's international business, he steered a portfolio spanning the US, UK, Europe, China, and LATAM (Latin America) to profitability.

"Instamart is at an exciting juncture in its journey as we expand our offerings across differentiated assortment and consumption occasions and deepen partnerships with brands. Gautam brings deep expertise and a proven track record of scaling businesses in dynamic, fast-paced industries, and his leadership will be beneficial as we continue to deliver unparalleled convenience to consumers," Girish Menon, CHRO, Swiggy, said.

Gautam brings over two decades of experience across consulting, pharmaceuticals, and technology.

He began his career at McKinsey & Company, where he spent a decade on strategy and operations transformation. He then joined Dr Reddy's Laboratories, scaling the emerging markets business from $37 million to $190 million in revenues.

Gautam Swaroop, CBO, Instamart, said, "I'm excited to join Instamart at such an important juncture in its growth journey. I look forward to partnering with the teams across the business to drive growth, build stronger consumer and partner experiences, and create enduring value as we scale."