Swiggy Instamart, the quick commerce arm of the popular food delivery platform Swiggy, has announced the appointment of Sairam Krishnamurthy as its new Chief Operating Officer (COO). This strategic move comes as Swiggy prepares for its upcoming Initial Public Offering (IPO) and aims to enhance its operations and expansion efforts.
New Role and Responsibilities
In his role as senior vice-president and COO, Krishnamurthy will be responsible for overseeing Swiggy Instamart’s various operational units. This includes managing dark store operations, infrastructure development, and driving city growth and expansion. His appointment is expected to significantly bolster the company’s efforts to streamline operations and accelerate its market presence.
Experience and Background
Sairam Krishnamurthy brings over 18 years of extensive experience in the fast-moving consumer goods, consumer tech, and retail sectors. Before joining Swiggy Instamart, he served as the COO of the supermarket business at More Retail, where he also held the role of Chief Merchandising Officer. His career includes notable positions at Ola Mobility, where he was Head of India Supply, and a significant 14-year tenure at Hindustan Unilever in various roles related to sales, marketing, and innovation.
Company’s Outlook
Girish Menon, Chief Human Resources Officer at Swiggy, praised Krishnamurthy’s appointment, highlighting his proven track record in leading cross-functional teams in high-growth environments. “Sai’s experience and track record make him an ideal fit for Swiggy Instamart at this juncture of our journey. We welcome him to the team and look forward to his contributions in taking Swiggy Instamart to the next level of growth,” Menon stated.
Krishnamurthy expressed enthusiasm about his new role, stating, “In just four years, Swiggy Instamart has become an integral part of consumers’ lives. I am thrilled to join the team in a business that I believe represents the future of grocery retail.”
Swiggy Instamart has rapidly established itself as a key player in the quick commerce sector, providing fast and efficient grocery delivery services. The appointment of Krishnamurthy comes at a pivotal time as the company gears up for significant growth and expansion, with the IPO on the horizon.