Nikhil Khurana

CEO

Bengaluru, Karnataka, India13 yrs 6 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Led pharmacy business with P&L ownership.
  • Scaled grocery business to 20% of food business.
  • Implemented quick commerce model for faster deliveries.
Stackforce AI infers this person is a strategic leader in E-commerce and Consulting, with a focus on operational excellence.

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Skills

Other Skills

AnalysisAnalytical SkillsAnalyticsBusiness AnalysisBusiness Process ImprovementBusiness StrategyData AnalysisFinancial ModelingManagement ConsultingMarket EntryStrategic ConsultingStrategyValuation

Experience

Swiggy

6 roles

Business Head - Instamart Pharmacy

Promoted

Dec 2024Present · 1 yr 3 mos

  • P&L owner of pharmacy business (OTC + Prescription)

Head - Category Sell Side, Instamart (AVP)

Jan 2024Nov 2024 · 10 mos

  • Key Metrics: AOV/GMV
  • Co-owner of topline for the business; helped scale the business to USD 1.5B+ GMV ARR
  • Increased AOV by 10% in a span of 6 months. Key building blocks include demand shaping towards big packs, promotion of new use cases/high ASP categories, events to drive order penetration of key categories
  • Worked with various stakeholders - merchandizing, marketing, product, category, delivery - to deliver these results

Head of Strategy and Chief of Staff, Instamart (Director/AVP)

Promoted

Jul 2020Jan 2024 · 3 yrs 6 mos

  • Co-owner of P&L of the business along with the Business Head
  • Strategy: Key projects include
  • 1) Setting up quick commerce model (transition from 30-45 min to 10 min delivery) - entails B2C product launches to support 10 min delivery promise, dark store network design, delivery time modelling and driver staffing/planning
  • 2) Launch of larger assortment/bigger dark stores - entails design of ideal P&L for large stores with wider assortment, external assortment and sales benchmarking, pilot of bigger dark stores
  • 3) Scheduled Delivery Product (Slotted delivery) - entails design of P&L, design and growth of product, and delivery fee pricing
  • Customer Experience (CX): Key projects include
  • 1) NPS Enhancement - setting up NPS tracking mechanisms (rNPS and eNPS); improving NPS through range of interventions across the consumer journey (pre-order and post-order)
  • 2) Post-order delivery experience improvement - reduced fulfilment defects, improved delivery time and, led call centre bot launches
  • Key metrics include NPS, order defects, delivery speed/compliance, assortment perception, call centre performance (CSAT, FRT, AHT)

Chief of Staff to Co-founder

Apr 2020Jul 2020 · 3 mos

Head of Strategy, Grocery Marketplace (General Manager)

Sep 2019Mar 2020 · 6 mos

  • Key projects include
  • 1) Conceptualization and launch of dark store model - pivot from Swiggy Stores to Instamart
  • 2) Expansion of Swiggy Stores to 2 new cities (Bangalore and Hyderabad)

Head of Growth, Grocery Marketplace (General Manager)

May 2019Sep 2019 · 4 mos

  • Metrics - Orders per day, retention, New user acquisition
  • Helped establish PMF in 1 city - scaled the grocery business to ~20% of Food business in 6 months with healthy retention rates

Bain & company

Consultant

Jan 2017Jan 2019 · 2 yrs · Gurgaon, Haryana, India

  • Joined as a Consultant (C1) straight out of ISB. Managed a team of 1-2 Junior Consultants; worked across multiple industries on strategic and large scale implementation projects with focus on healthcare and operations
  • Key Projects: Cost reduction for pharmaceutical plant, Revenue expansion for tobacco giant, Healthcare strategy for Global Philanthropic Foundation

Strategic decisions group (sdg)

2 roles

Associate Consultant

Promoted

Jan 2013Jan 2016 · 3 yrs · Gurgaon, India

  • Strategy consulting - projects across lighting, apparel, energy, medical devices and more

Business Analyst

Jan 2012Jan 2013 · 1 yr · Gurgaon, India

Kpmg advisory

Business Analyst

Jan 2011Jan 2012 · 1 yr

Education

Indian School of Business

Master of Business Administration (M.B.A.)

Jan 2016Jan 2017

Indian Institute of Technology, Delhi

Bachelor of Technology (B.Tech.) and Master of Technology (M.Tech) — Chemical Engineering

Jan 2006Jan 2011

DPS RK Puram

Jan 2004Jan 2005

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