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Home News Business

Zomato Co-founder and CTO Gunjan Patidar quits

IANS by IANS
January 3, 2023
Zomato Co-founder and CTO Gunjan Patidar quits

Gunjan Patidar, Co-founder and CTO of Zomato have resigned after more than ten years with the company, Zomato announced on Monday. 

In a regulatory filing, Zomato said that Patidar was one of the first few employees of Zomato and created the core tech platform.

“Over the the last 10 plus years, he also nurtured a stellar tech leadership team that is capable of taking on the mantle of leading the tech function going forward. His contribution to building Zomato has been invaluable,” said the company.

It is the second top-level exit at Zomato. In November 2022, Zomato co-founder Mohit Gupta had resigned after about five years.

Zomato said Patidar was not designated as key managerial personnel under the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In December 2022, the company announced that Rahul Ganjoo ended his 5-year tenure as Head of New Initiatives. Earlier in the month, Zomato’s Vice President for global growth, Siddharth Jhawar, announced his departure as well.

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Zomato announced in November to lay off nearly 3% of its workforce on account of cost-cutting efforts and to turn profitable.

Also Read: Startups should embrace a down-round and restructure their firms: Flipkart CEO

IANS

IANS

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