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Business

Mohit Gupta resigns from Zomato; Company sees three high profile exits in 15 days

Mohit Gupta, co-founder of food delivery service Zomato, has resigned from his position after four and a half years association with the company. He is the third high-profile employee to leave Zomato in recent weeks. Gupta, who joined Zomato four and a half years ago, was promoted to co-founder in 2020 after serving as CEO […]

Mohit Gupta, co-founder of food delivery service Zomato, has resigned from his position after four and a half years association with the company. He is the third high-profile employee to leave Zomato in recent weeks. Gupta, who joined Zomato four and a half years ago, was promoted to co-founder in 2020 after serving as CEO of the company’s food delivery division.

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Rahul Ganjoo, Zomato’s former head of food delivery, stepped down earlier this week. Siddharth Jhawar, the company’s Intercity Legends service director, also announced his departure a week ago. Gupta joined Zomato as the head of food delivery in 2018. Ganjoo was promoted to co-founder to take charge of new businesses after becoming the CEO of food delivery in 2020.

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In a post shared by Zomato on BSE, Gupta stated in a message to his team that he was “deciding to move on from Zomato to seek the other unknown adventures that life holds for me.” Prior to joining Zomato, Gupta was the chief operating officer of the travel website Makemytrip.

“Deepi has grown into an even more mature and confident leader in the last few years, and he is now fully capable of leading the company into a bright future with all of you by his side. With this assurance, I’ve decided to leave Zomato in search of the unknown adventures that life has in store for me. As I look ahead, I am ecstatic about the vision that Zomato, Blinkit, Hyperpure, and Feeding India are pursuing “Gupta’s note stated.

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In response to Gupta’s observation, Zomato founder and CEO Deepinder Goyal stated, “MG, you’ve been a brother and a friend to me over the years. You have done an incredible job here, bringing us back from the brink of extinction, scaling the business to new heights, bringing us to profitability, and most importantly, coaching me over the years to become capable of running such a large and complex business “.

First published on: Nov 19, 2022 09:38 AM IST


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