- Thursday, April 18, 2024
By: Shubham Ghosh
India’s Zomato Ltd confirmed on Friday (18) its co-founder Mohit Gupta had quit after about five years at the food aggregator.
He is credited with building Zomato’s food delivery operations from scratch and was the segment’s chief executive before being elevated to co-founder two and half years ago.
In a letter to the company, Gupta said he was stepping down to pursue “unknown adventures”.
His resignation follows that of the company’s deputy chief financial officer, Nitin Savara, who stepped down in August.
Last week, Zomato reported a narrow second-quarter loss, as volumes and value of its online orders rose.
