City
Epaper

Zomato Co-founder Gunjan Patidar quits in another high-profile exit

By IANS | Updated: January 2, 2023 20:00 IST

New Delhi, Jan 2 Online food delivery platform Zomato's Co-founder and CTO Gunjan Patidar quit after more than ...

Open in App

New Delhi, Jan 2 Online food delivery platform Zomato's Co-founder and CTO Gunjan Patidar quit after more than 10 years, the company announced on Monday.

This is the second high-profile exit at the company. In November last year, Zomato co-founder Mohit Gupta had moved on after about five years at the food aggregator.

In a regulatory filing, Zomato said that Patidar was one of the first few employees of Zomato and built the core tech systems for the company.

"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.

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

The company said that 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, the food delivery platform had 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.

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

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Mohit guptaRahul ganjooCTOSebi
Open in App

Related Stories

MumbaiMumbai Crime: Fraudsters Use Fake ED, SEBI Letters to Dupe Retired London Auditor of ₹15 Lakh; Cyber Police Recover Entire Amount

BusinessAnil Ambani’s Reliance Power and Reliance Infra Stocks Fall After SEBI Issues Show Cause Notices Over Alleged Trade Violations

BusinessAnil Ambani Faces ₹1,000 Crore Penalty as SEBI Rejects Settlement in Yes Bank Case; Reliance Power & Infra Stocks Tumble

MumbaiMumbai: 12 Baby Pythons Found Near SEBI Building in BKC Area (Watch Video)

EntertainmentArshad Warsi Banned From Stock Market for One Year by SEBI For Financial Misconduct

Technology Realted Stories

TechnologyMini car sales to remain below 100,000 units for 2nd year in S. Korea

TechnologySamsung to invest $309 billion over next 5 years

TechnologySouth Korea's SK to pour $87.9 billion into domestic investment through 2028

Technologye-Jagriti empowers consumers: 2.75 lakh users registered, 1.3 lakh complaints filed since January launch

TechnologyCorporate bond issuances rise 8 pc to Rs 6.3 lakh crore till October this fiscal: SBI report