Patidar was one of the first few employees of Zomato and built the core tech systems for the company, it said in a stock exchange filing.
Image source- Marketing MindZomato, which did not say why Patidar was resigning, has posted narrowing losses in its last two quarterly results. Its food delivery business’ gross order values – the total value of all food delivery orders placed online on Zomato’s platform – jumped 23% from a year earlier in the September quarter.Why is this decision important for the firm? The answer to this is strange but true, Gunjan is the 4th senior figure to leave the company within a matter of weeks. This leaves us wondering about the situation at this food aggregator.Taking into consideration his expertise, Zomato needs to find his replacement as soon as possible.The online food delivery platform reported a consolidated net loss of Rs 250.80 crore in Q2 September 2022, as against net loss of Rs 429.60 crore in Q2 September 2021. Revenue from operations stood at Rs 1661.30 crore in Q2 September 2022, up 62.2 per cent from Rs 1024.20 crore reported in Q2 September 2021.Gunjan Patidaru2019s resignation comes after a string of high-profile departures from the company in the last few months, including that of Mohit Gupta, another co-founder, deputy chief financial officer Nitin Savara and vice president of global growth Siddharth Jhawar.What do you think can be the probable reason behind this step? Do let us know in the comments.
