Overview

• Ankit Jain joins Instamart from Flipkart as Senior Vice President of Operations, overseeing supply chain, dark stores, delivery and network expansion
• Jain previously led Flipkart’s grocery operations and Ekart design team after spending over a decade at Unilever in logistics and demand planning roles
• Instamart has dropped “Swiggy” from its name to establish an independent brand identity within the quick commerce sector
• The company added more than 300 dark stores and mega pods last quarter and now serves customers in over 120 cities
• Quick commerce accounts for about 20% of India’s e-commerce market, driving aggressive network growth and competition for executives