Food and grocery delivery giant Swiggy is restructuring its finance leadership by appointing separate vice presidents for Instamart and food delivery. The move highlights the growing scale of both verticals and comes at a time when quick commerce rivals are experimenting with new business models, as per the Moneycontrol report.
Swiggy is set to bring in two new vice president-level finance heads, one each for Instamart and its food delivery business.
This marks a structural shift, as finance for both arms was previously overseen by senior VP Saurav Goyal, who moved to head Swiggy’s driver and delivery division in June.
As per the report, the decision reflects the rising importance of both Instamart and Swiggy’s core food delivery operations.
By separating finance leadership, Swiggy aims to give each business unit more focused strategic and financial oversight, ensuring sharper execution as the segments scale independently.
The restructuring coincides with a larger debate in the quick commerce industry. In July, Instamart’s rival Blinkit announced a shift to an inventory led model, where it directly purchases goods from sellers instead of merely warehousing them. This model is seen as a way to strengthen supply chain control and margins.
When asked earlier this year about similar plans, Swiggy’s CFO Rahul Bothra clarified that Instamart may consider the shift in the future but has no immediate intention to move away from the marketplace model.
Swiggy Limited’s stock traded at ₹401.50, up 0.41% at 9:45 AM on the NSE from the previous close of ₹399.85. The stock opened at ₹401.80, touched an intraday high of ₹402.85 and a low of ₹399.50, with a VWAP of ₹401.60, reflecting steady investor sentiment in early trade.
Read More: Swiggy Launches ‘Crew’ for Premium Concierge Services.
Swiggy’s reported plans to appoint separate finance leaders for Instamart and food delivery signal its intent to adapt as both businesses scale. While the move is yet to be finalised, it indicates a focus on strengthening management structures.
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Published on: Aug 19, 2025, 9:50 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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