Gunjan Patidar, Co-founder and Chief Technology Officer, has left the company after more than ten years, the food aggregator Zomato announced on Monday. Today, he submitted his resignation.
Zomato stated in its regulatory filing that Patidar was not a Key Managerial Personnel (KMP). “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,” Zomato said in its regulatory filing.
This is a significant departure from the company after the co-founder of Zomato, Mohit Gupta left in November of last year following a four-and-a-half-year tenure. Rahul Ganjoo, the head of Zomato’s new projects and former head of food delivery, left the firm in November. A week ago, Siddharth Jhawar, the head of the company’s Intercity Legends service, also announced his departure.
In the most recent period, the food aggregator let go of less than 3% of its whole workforce. According to the business, the firings are related to regular performance. Zomato’s net loss decreased from Rs 434.9 crore in the same quarter last fiscal year to Rs 250.8 crore during the September quarter. In the meantime, operational revenue increased by 62.20 per cent to Rs 1,661.3 crore.
Sales for the company’s meal delivery service increased by barely 22% to Rs 6,631 crore in the third quarter of this fiscal year from Rs 5,410 crore in the same quarter last year.