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Home Top Movement

Zomato co-founder & CTO Gunjan Patidar resigns

He has tendered his resignation today. In its regulatory filing, Zomato said that Patidar was not a key managerial personnel (KMP).

by news bureau
January 2, 2023
Reading Time:1 min read
Zomato co-founder & CTO Gunjan Patidar resigns

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Food aggregator Zomato on Monday announced that co-founder and chief technology officer Gunjan Patidar has quit the company after more than ten years in the company. Before joining Zomato in December 2008, he worked as a software engineer at Cyient.

“Gunjan Patidar was one of the first few employees of Zomato and built the core tech systems for the company. Over the last ten-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 Zomato in its regulatory filing. He played a key role in nurturing tech talent and the deployment of new customer-oriented products.

This is another big exit from the company after Zomato co-founder Mohit Gupta has quit the company after four and half year stint in November last year.

In November, Zomato’s new initiatives head and former food delivery chief Rahul Ganjoo had resigned, while Siddharth Jhawar, the head of its Intercity Legends service also announced his exit from the company a week back.

Recently, the food aggregator had laid off under 3 percent of its staff across the organisation. The company said that the laying offs are based on regular performance.

Zomato’s net loss for the September quarter narrowed to ₹250.8 crores compared to ₹434.9 in the corresponding quarter last fiscal. Meanwhile, revenue from operations rose by 62.20 percent to ₹1,661.3 crores.

The company’s food delivery business September quarter sales have grown only 22 percent to ₹6,631 crores from ₹5,410 crores in the corresponding quarter last fiscal.

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