# Ravi Gupta

> Source: https://www.datingindustryinsights.com/people/ravi-gupta | Publisher: Dating Industry Insights (High Intent Media Inc) | Last checked: 2026-10-20


**In short:** Ravi Gupta is co-founder and co-CEO of Ithaca Holdings, which agreed in October 2026 to buy Bumble for $1.3 billion in cash, and a partner at Sequoia Capital. He is due to become Bumble's co-CEO on closing, alongside John Hegeman. He was previously CFO and COO of Instacart and sits on its board.

## Key facts

- Role: Co-CEO and co-founder
- Organisation: Ithaca Holdings
- Role: Co-founder and co-CEO of Ithaca Holdings; will become co-CEO of Bumble on closing of the $1.3 billion acquisition (2026-10-13) [source](https://www.datingindustryinsights.com/news/bumble-ithaca-founders-gupta-hegeman-co-ceos)
- Previous role: Joined Instacart in 2015 as its first CFO and COO and left at the end of 2019 to become a partner at Sequoia Capital from January 2020 (2019-08-28) [source](https://techcrunch.com/2019/08/28/instacart-cfo-ravi-gupta-to-exit-for-sequoia-capital/)
- Role: Instacart board member since September 2023 and lead independent director since August 2025; co-CEO of Ithaca Holdco, Inc. since December 2025 (2025) [source](https://company.instacart.ca/about-us/ravi-gupta)
- Education: Holds a BS in economics from Duke University; earlier spent a decade at KKR after starting at McKinsey (2025) [source](https://company.instacart.ca/about-us/ravi-gupta)
- Funding: Reported in March 2026 to be raising at least $1 billion for Ithaca Holdings with John Hegeman; remains a Sequoia partner (2026-03-11) [source](https://finance.yahoo.com/news/sequoia-partner-ex-meta-executive-183432458.html)

## Biography

Ravi Gupta is co-founder and co-CEO of Ithaca Holdings and a partner at Sequoia Capital. On 13 October 2026 Ithaca agreed to acquire Bumble for $1.3 billion in cash, and Bumble says Gupta and John Hegeman will become its co-CEOs when the deal closes. Whitney Wolfe Herd remains Founder and CEO until then. Bloomberg reported in March 2026 that Sequoia is a major backer of Ithaca and that Gupta remains a Sequoia partner. Gupta spent about a decade at the investment firm KKR after starting his career at McKinsey. He joined Instacart in 2015 as its first CFO and COO, and left at the end of 2019 to join Sequoia Capital's growth team as a partner from January 2020. He has served on Instacart's board since September 2023 and has been its lead independent director since August 2025. Instacart's biography lists him as co-CEO and board member of Ithaca Holdco, Inc. since December 2025, and as a director of Accelerate, Meter and Noom. He holds a BS in economics from Duke University. Ithaca describes itself as a holding company that uses new technology and operating skill to renew established businesses.


## Stories about Ravi Gupta

- [Bumble to install Ithaca founders Gupta and Hegeman as co-CEOs](https://www.datingindustryinsights.com/news/bumble-ithaca-founders-gupta-hegeman-co-ceos) (2026-10-13)

## Questions



**Who is Ravi Gupta?** Ravi Gupta is co-founder and co-CEO of Ithaca Holdings and a partner at Sequoia Capital.

**What is Ravi Gupta's role at Bumble?** Bumble says he will become co-CEO with John Hegeman when Ithaca's $1.3 billion acquisition of Bumble closes.

**What did Ravi Gupta do at Instacart?** He was its first CFO and COO from 2015 to 2019 and has been on its board since September 2023.

**What is Ravi Gupta's current role?** Ravi Gupta is Co-CEO and co-founder at Ithaca Holdings.


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