🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Swiggy Instamart VP Sidharth Satpathy exits, Amazon’s Anirban Roy to succeed
Economic Times
·
1y ago
Medial
Sidharth Satpathy, the Vice President of Instamart at Swiggy, has exited the company. Anirban Roy, a former executive at Amazon, will be taking over his position.
View Source
Related News
Swiggy Instamart VP Sidharth Satpathy steps down
Inshorts
·
1y ago
Medial
Sidharth Satpathy, Vice President of Swiggy's quick commerce vertical Instamart, has stepped down from the role, the executive announced in a LinkedIn post on late Monday evening. Satpathy had worked for four-and-a-half years in the Bengaluru-based food and grocery delivery firm, with more than two years as the head of category, monetisation and private label business at Swiggy Instamart.
View Source
IPO-bound Swiggy appoints Suparna Mitra as an independent director
Entrackr
·
1y ago
Medial
Swiggy has announced the appointment of Suparna Mitra as an independent director to its board. The move comes at a time when the Prosus-backed foodtech company is readying itself for public listing. Mitra, who was the CEO of Titan Company Limited’s Watches and Wearables Division, brings over 30 years of experience in lifestyle and retail. Mitra has joined Swiggy’s distinguished list of independent directors that includes Anand Kripalu, MD & Global CEO at EPL Limited and Chairperson of the Swiggy board, Shailesh Haribhakti, chairman of Shailesh Haribhakti & Associates, and Sahil Barua, MD and CEO at Delhivery. Swiggy has seen a few key executives’ departures at the management of late. Some of the notable executives who have left the firm since April last year are Karan Arora (VP and head of supply chain management), Nishad Kenkre (VP and head of revenue and growth at Instamart), Ashish Lingamneni (VP and head of brand and product marketing), Dale Vaz, chief technology officer, and senior VP Karthik Gurumurthy. Meanwhile, it has also announced new appointments such as Ashwath Swaminathan as its chief growth & marketing officer and Anirban Roy and Dipak Krishnamani as VP of Growth and VP of Swiggy Mall, respectively. As mentioned above, the foodtech firm is in the process to file its IPO papers soon. According to Entrackr‘s exclusive report, Swiggy booked Rs 5,476 crore in revenue from operations during the first three quarters of financial year FY23. The company recorded $200 million (approximately Rs 1,600 crore) loss for the nine months.
View Source
Swiggy promotes Sidharth Bhakoo to CBO for Food Marketplace
YourStory
·
8m ago
Medial
Sidharth Bhakoo, previously VP and National Business Head at Swiggy, has been promoted to the position of Chief Business Officer - Food Marketplace. Bhakoo has been with Swiggy for over six years and has held various leadership roles within the company. His expertise lies in team management, B2B sales, distribution, channel management, and business development across the telecom and banking sectors. Swiggy recently made other key appointments, including Shalabh Shrivastava as Senior Vice President of Driver Org and Hari Kumar G as Senior Vice President and Chief Business Officer for Swiggy Instamart.
View Source
Now, Another VP Down At Swiggy Instamart
Inc42
·
1y ago
Medial
Karan Arora, Vice President and Head of Supply Chain Management at Swiggy Instamart, has left the company. Arora, who was with the food delivery major for three and a half years, will be joining Karthik Gurumurthy, former head of Swiggy Instamart, as a co-founder of his new venture, Convenio. Swiggy is yet to announce Arora's replacement. This departure adds to a series of high-profile exits from the company, which is preparing for a $1 billion IPO in FY24. Swiggy has been cutting costs in anticipation of the public listing.
View Source
Swiggy taps fresh talent for Instamart as it gears up for public listing
YourStory
·
1y ago
Medial
IPO-bound food delivery giant Swiggy has made key executive appointments ahead of its public listing. Himavant Srikrishna Kurnala, previously CPO for JioMart, has been appointed as SVP and Product Head for Instamart, Swiggy's quick commerce offering. Mayank Rajvaidya, formerly with Amazon, has been appointed as VP of Fruits and Vegetables, and Manu Sasidharan, with experience in Flipkart and Cleartrip, has been appointed as Associate VP of the FMCG category. Swiggy is also focusing on profitability, with recent increases in platform fees in certain markets.
View Source
Swiggy Instamart to appoint Flipkart’s Ankit Jain as SVP
Entrackr
·
2m ago
Medial
Swiggy Instamart is reportedly appointing Ankit Jain, a Senior Vice President at Flipkart, as its new SVP. He will replace Sairam Krishnamurthy, who has been the SVP and COO of Instamart since August 2024. According to a Moneycontrol report, this move is part of a broader series of exits at Flipkart, which is working to reduce its monthly cash burn from $40 million to $20 million ahead of a potential public listing. The report added that Jain will work closely with Amitesh Jha, Swiggy Instamart’s CEO, who also joined from Flipkart in August 2024. Swiggy has recently hired several other senior executives from Flipkart, including Shalabh Shrivastava as SVP of Driver Org and Hari Kumar G. as SVP and Chief Business Officer for Swiggy Instamart. Swiggy Instamart added 316 dark stores between January and March 2025, increasing its network to 1,021 stores as it intensifies competition with Blinkit, Zepto, and Flipkart Minutes in the quick commerce segment. Instamart saw remarkable growth in Q4 FY25, with revenue surging by 115% to Rs 689 crore from Rs 320 crore in Q4 FY24. Overall, Swiggy reported Rs 4,410 crore in revenue and a Rs 1,081 crore loss in the fourth quarter of the last fiscal year (FY25).
View Source
Swiggy Mall Head Gurumurthy to quit, start his own venture: Report
Money Control
·
1y ago
Medial
Karthik Gurumurthy, SVP at Swiggy, is leaving the company to start his own venture in the offline space. Gurumurthy, who built Swiggy Instamart, will be focusing on a low-cost physical store model similar to Aldi in Germany. His expertise in food and vegetables (F&V) from Swiggy Instamart is expected to attract venture funding for his new venture.
View Source
Swiggy Instamart drops parent name in rebranding move
Inshorts
·
2m ago
Medial
Quick-commerce platform Instamart has dropped its parent 'Swiggy' from its name to surpass food delivery in terms of both penetration and scale. Instamart also unveiled its new logo, which contains Swiggy's 'S-Pin' icon as a "subtle" tribute to the brand's origins, the company stated. Integrated within the main Swiggy app, Instamart had launched a standalone app earlier this year.
View Source
Meta expands India VP's role to lead Southeast Asia markets
YourStory
·
2m ago
Medial
Meta's Sandhya Devanathan, previously VP for India, will now oversee operations in Southeast Asia, covering key markets like Indonesia and Vietnam. This role expansion accompanies a leadership reshuffle as Dan Neary steps down as Asia-Pacific head. Devanathan, who joined Meta in 2016 and has extensive tech and banking experience, expressed her commitment to fostering growth and innovation. Benjamin Joe will succeed Neary as regional VP in July 2025, further bolstering the team.
View Source
Swiggy Merges InsanelyGood With Instamart
Inc42
·
1y ago
Medial
Swiggy, an IPO-bound food delivery company in India, has merged its premium grocery vertical, InsanelyGood, with its quick commerce unit, Instamart. InsanelyGood's operations will be paused for some time, and it will be available through Instamart. Swiggy has been expanding its services beyond food delivery, with offerings such as Swiggy Genie and Minis store. This move comes as quick commerce companies like Instamart and Zepto are diversifying into new product categories, challenging traditional e-commerce firms. Swiggy is expected to file its IPO papers soon, following a recent valuation mark-up by asset management firm Baron Capital Group.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
