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.

******************************************************

Readers

These are extraordinary times. All of us have to rely on high-impact, trustworthy journalism. And this is especially true of the Indian Diaspora. Members of the Indian community overseas cannot be fed with inaccurate news.

Pravasi Samwad is a venture that has no shareholders. It is the result of an impassioned initiative of a handful of Indian journalists spread around the world.  We have taken the small step forward with the pledge to provide news with accuracy, free from political and commercial influence. Our aim is to keep you, our readers, informed about developments at ‘home’ and across the world that affect you.

Please help us to keep our journalism independent and free.

In these difficult times, to run a news website requires finances. While every contribution, big or small, will makes a difference, we request our readers to put us in touch with advertisers worldwide. It will be a great help.

For more information: pravasisamwad00@gmail.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here