Zomato Co-founder Gunjan Patidar Resigns In Another High-profile Departure – Explained!

Co-founder and CTO of on-line meals supply platform Zomato, Gunjan Patidar, has stepped down after greater than 10 years, the corporate introduced Monday.

This is the second excessive-profile departure on the firm. In November of final 12 months, Zomato co-founder Mohit Gupta made the transfer after about 5 years on the meals aggregator.

In a regulatory submitting, Zomato mentioned that Patidar was one among Zomato’s first workers and constructed the core expertise programs for the corporate.

“Over the past 10+ years, he has also built a stellar technology leadership team that is capable of taking on the role of leading the technology function well into the future. His contribution to building Zomato has been invaluable,” the corporate mentioned.

Zomato shares closed at Rs 60.26 apiece on Monday, up 1.52 %.

The firm mentioned Patidar was not designated as key administration personnel below the Companies Act 2013 and the SEBI (List of Disclosure Obligations and Requirements) Regulations 2015.

In December, the meals supply platform introduced that Rahul Ganjoo ended his 5-12 months tenure as Head of New Initiatives. Earlier within the month, Zomato’s VP of Global Growth, Siddharth Jhawar, additionally introduced his departure.

Zomato introduced in November that it might lay off almost 3 % of its workforce on account of efforts to chop prices and turn out to be worthwhile.

[Disclaimer: This story was automatically generated by a computer program and was not created or edited by Journalpur Staff. Publisher: Journalpur.com]

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