Saturday, November 23, 2024

Instacart’s Indian American founder Apoorva Mehta resigns

Mehta founded Instacart about a decade ago and officially announced his decision to step down from Instacart’s board on July 22 July on Twitter

PRAVASISAMWAD.COM

The online grocery delivery service, US- based Instacart, will undergo changes once it becomes a public company. One of these changes include the stepping down of its Indian American Founder and Executive Chairman, Apoorva Mehta. In fact, Mehta had predicted the need for online grocery delivery service nearly a decade ago.

CEO Fidji Simo has been appointed as the Chair of the Board of Directors as Mehta makes his way out of the board, according to a press release by Instacart.

Under Mehta’s leadership, Instacart became a transformational force in the grocery marketplace

Mehta founded Instacart about a decade ago and officially announced his decision to step down from Instacart’s board on July 22 July on Twitter.

According to a news report by IANS, Instacart has more than 800 national, regional, and local retail brands as its partners. These partners enable Instacart to provide online shopping, delivery, and pick-up services across North America with more than 70,000 stores catering to over 5,500 cities.

Under Mehta’s leadership, Instacart became a transformational force in the grocery marketplace.

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