Instamart names Nandita Sinha CEO as Amitesh Jha steps down

Swiggy has named Nandita Sinha chief executive of Instamart, effective 3 August 2026. She replaces Amitesh Jha, who has resigned to pursue other opportunities after roughly two years running the quick commerce arm.

Sinha, formerly chief executive of Myntra, brings more than two decades across consumer internet, ecommerce and FMCG, with earlier stints at Flipkart, Britannia and Hindustan Unilever. Swiggy managing director and group chief executive Sriharsha Majety credited her vision, customer obsession and operational rigour.

The change is the third senior exit at Instamart in recent months. Chief operating officer Ankit Jain and chief business officer Hari Kumar have also left. Jha is credited with widening assortment through the Noice launch and pulling contribution margins closer to breakeven.

Instamart ended FY26 with 1,143 dark stores after adding only 122 during the year, a far slower build than Blinkit, which added 942 stores to reach 2,243. Swiggy reports Q1 FY27 numbers on 30 July, with the market watching whether Instamart hits the contribution margin breakeven management has guided to.

For brands, a chief executive transition mid-quarter usually means category plans, joint business plans and promotional calendars get re-litigated. Sinha’s Myntra and FMCG background points to more attention on assortment depth, private label and category profitability than on raw order growth. Expect slower decision cycles for the next six to eight weeks, then a possible reset of terms. Brands with signed quarterly plans should confirm ownership at the category manager level rather than assume continuity, and keep fill rate and availability metrics clean through the handover so the new team inherits a good scorecard on your account.