Karthik Gurumurthy, the Head/Senior Vice President of Swiggy’s Instamart, has decided to step aside and go on a sabbatical after having played a key role in establishing the platform from August 2020. Gurumurthy’s decision to take a break from his current role was announced on March 31, 2023, and he is expected to take up a new role in Swiggy once he returns from his leave.
Gurumurthy is an alumnus of the Indian Institute of Management, Bangalore, and has over 15 years of experience in the e-commerce and retail industry. Before joining Instamart in 2020, he was associated with Amazon India, where he led the company’s grocery business. Gurumurthy’s expertise in the grocery delivery space was instrumental in the success of Instamart, which has emerged as a leading player in the quick commerce segment in India.
Under Gurumurthy’s leadership, Instamart has expanded its presence to over 100 cities in India and witnessed significant growth in order volumes and revenue. The platform has also introduced several innovative features such as 10-minute deliveries, which have helped it gain a competitive edge in the market. Gurumurthy’s decision to step aside comes at a time when Instamart is poised for further growth and expansion.
While Gurumurthy’s decision to take a sabbatical may surprise many, it is not uncommon for senior executives to take a break from their roles to recharge and rejuvenate. Many companies encourage their employees to take sabbaticals as a way to promote work-life balance and prevent burnout. Gurumurthy’s decision to take a break from his current role is a testament to Swiggy’s commitment to its employees’ well-being and its recognition of the importance of work-life balance.
Gurumurthy’s departure from Instamart has led to a reshuffle in Swiggy’s leadership team, with co-founder Phani Kishan taking over as the head of Instamart. Kishan, who was previously heading Swiggy’s cloud kitchen business, has been with the company since its inception and has played a key role in its growth and success. Kishan’s appointment as the head of Instamart is expected to bring fresh ideas and perspectives to the platform and help it continue its growth trajectory.
In conclusion, Karthik Gurumurthy’s decision to step aside and go on a sabbatical after having played a key role in establishing Swiggy’s Instamart is a testament to his commitment to work-life balance and his contribution to the platform’s success. While his departure may lead to changes in the leadership team, Swiggy’s commitment to its employees’ well-being and its focus on innovation and growth is expected to continue unabated.