Instacart Names Sequoia Partner, Ex-COO Ravi Gupta to Board
- Sequoia is largest institutional investor in Instacart
- Instacart shares are up 2.2% since its Tuesday debut
This article is for subscribers only.
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.”