Swiggy Instamart names ex-OYO exec Gautam Swaroop as CBO amid leadership churn

Instamart appoints former OYO International CEO Gautam Swaroop as Chief Business Officer, replacing Hari Kumar. The move comes as the quick-commerce arm battles widening losses, slipping market share to Zepto and Blinkit, and pivots to an inventory-led model.

— Filed Wed, 1 Jul, 2026, 13:12 IST · Source Inc42 · Buzz · Updated

Swiggy Instamart appointed ex-OYO International CEO Gautam Swaroop as CBO amid leadership churn, replacing Hari Kumar. Instamart faces widening losses and slipping market share to Zepto and Blinkit while shifting to an inventory-led model.

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