Zomato co-founder Gunjan Patidar quits in one other high-profile exit

 


Online meals supply platform Zomato’s Co-founder and CTO Gunjan Patidar give up after greater than 10 years, the corporate introduced on Monday.

This is the second high-profile exit on the firm. In November final yr, Zomato co-founder Mohit Gupta had moved on after about 5 years on the meals aggregator.

In a regulatory submitting, Zomato stated that Patidar was one of many first few staff of Zomato and constructed the core tech programs for the corporate.

“Over the the final 10 plus years, he additionally nurtured a stellar tech management staff that’s able to taking up the mantle of main the tech perform going ahead. His contribution to constructing Zomato has been invaluable,” stated the corporate.

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

The firm stated that Patidar was not designated as key managerial personnel beneath the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In December, the meals supply platform had introduced that Rahul Ganjoo ended his 5-year tenure as Head of New Initiatives. Earlier within the month, Zomato’s Vice President for world progress Siddharth Jhawar introduced his departure as properly.

Zomato in November introduced to put off practically 3 per cent of its workforce on account of cost-cutting efforts and to show worthwhile.

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