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Swiggy Instamart loses COO and CBO as quick commerce churn deepens

Swiggy Instamart's COO Ankit Jain and CBO Hari Kumar resigned; Jain joins Nykaa as head of operations. Churn coincides with Blinkit's lead, Zepto's IPO filing, and Amazon Now and Flipkart Minutes scaling rapid delivery nationwide.

Who and when

From the report. Source details below

  • 1,000 micro-fulfilment centres

Other figures

  • 300 cities
  • 130 cities
  • 8,000 pincodes
  • 250 rest centres

The source

Source Read the source at Outlook Business

Published

Confirmed by NDTV Profit, CNBC-TV18

First seen