India’s Zomato loses its 4th senior government in weeks as CTO steps down

Zomato Media Pvt. Ltd. co-founder and Leader Era Officer Gunjan Patidar has resigned from the Indian meals supply startup, turning into the fourth senior government to surrender the corporate since November.

Patidar, who were with Zomato because it was once based nearly 10 years in the past, was once the important thing government in command of construction the corporate’s generation stack. Inc42 as of late reported that he was once answerable for designing Zomato’s “core tech programs” and in addition headed up a “tech management group,” mentioning a submitting the corporate made as of late.

“He additionally nurtured a tech management group this is able to taking at the mantle of main the tech serve as going ahead,” the corporate mentioned within the submitting. “His contribution to construction Zomato has been beneficial.”

The departure of Patidar comes simply weeks after Zomato co-founder Mohit Gupta, who was once head of its meals supply unit, stepped down. Different key executives to depart the corporate in contemporary weeks come with its new projects head Rahul Ganjoo and Siddharth Jhawar, vp for world enlargement. All 3 executives left the corporate in November.

Zomato, a cafe aggregator and meals supply corporate that went public by way of a $12 billion preliminary public providing in August 2021, additionally mentioned in November that it’s going to be shedding about 3% of staff throughout its 3,800-member team of workers. Affected industry devices incorporated its generation, product and advertising groups, the corporate mentioned on the time.

The departures of Zomato’s executives come at a time when Leader Government Deepinder Goyal, additionally a co-founder, has been making an attempt to proportion and delegate most sensible duties with different executives. Final August, the corporate appointed 4 new leader executives throughout its management group.

Zomato, which is subsidized by means of Ant Team, Goldman Sachs and Temasek, is unprofitable, reporting a lack of $30.4 million all over its most up-to-date quarterly monetary ends up in September. The corporate has no longer supplied any explanation why for the hot government departures.

Photograph: Zomato

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