Instacart named former chief financial and operating officer Ravi Gupta to its board of directors Friday, formalizing a move after the grocery technology company went public earlier this week.
“There are new growth areas — Connected Stores, Instacart Health, AI — entire plethora of ways that the company’s going to innovate,” Gupta said in an interview ahead of the announcement. “Just being able to be around for that and provide opinions and weigh in on that is such a gift.”
Gupta spent four years at the company before leaving to become a partner at Sequoia Capital in 2019. Sequoia is the largest institutional shareholder of Instacart, with 18.5% of the company, based on the company’s filings.
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