Instacart founder Apoorva Mehta resigns

New York: Instacart, the online grocery delivery service, will undergo certain 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.

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.

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

“Since I transitioned from CEO to Executive Chairman a year ago, I realized that I want to pursue a new mission and I want to do it with the same singular focus that I had while building Instacart. Stepping off the board will allow me to do just that.”

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.

“Mehta’s hard work and dedication brought Instacart into the homes of millions of customers,” said Jeff Jordan, Instacart Board Member.

Simo gave the credit to Mehta for predicting that grocery delivery was going to be a “core consumer need” more than 10 years before the culture of online grocery delivery became the norm.

“Mehta worked tirelessly with the team to create and build a successful model that allows consumers to access same-day delivery from their favorite grocers.”

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