Swiggy Instamart names Gautam Swaroop as CBO after top-level exits
Swiggy Instamart appoints Gautam Swaroop as Chief Business Officer following the departures of CBO Hari Kumar and COO Ankit Jain. The reshuffle comes as the quick-commerce arm faces intensifying competition from Amazon Now and Blinkit, pursues an inventory-led model, and posts a widening FY26 net loss of ₹4,154 crore, up 33% YoY across 131 cities.
Swiggy Instamart names Gautam Swaroop as Chief Business Officer after CBO Hari Kumar and COO Ankit Jain exited. Move comes amid quick-commerce competition from Amazon Now, plans for inventory-led model, and widening FY26 losses.