Zomato Co-founder Gaurav Gupta Quits
IANS 14 September 2021
Online food delivery major Zomato's co-founder Gaurav Gupta has resigned from the company after a six-year stint.
Mr Gupta was the head of supply at the recently-listed company.
In an email to everyone in the company he said: "I am taking a new turn in my life and will be starting a new chapter, taking a lot from this defining chapter of my life - the last 6 years at Zomato."
"We have a great team now to take Zomato forward and it's time for me to take an alternate path in my journey. I am very emotional as I write this and don't think any words can do justice to how I am feeling right now."
Deepinder Goyal, the CEO of Zomato, took to Twitter to thank Mr Gupta and said that there is a "great" team and leadership to carry the company's journey forward.
"Thank you @grvgpta - the last 6 years have been amazing and we have come very far. There's so much of our journey still ahead of us, and I am thankful that we have a great team and leadership to carry us forward," Mr Goyal said.
The resignation comes just days after the company decided to wind up with grocery delivery and nutraceuticals business.
Mr Gupta was a key person in the launching of the company's nutraceuticals business.
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
1 week ago
Zomato and similar companie are a major scam in making, rats leave the sinking ship first. How can a company just survive in food delivery bussines and distribution of freebees on food orders.
Zee Entertainment: Invesco, OFI Global China Fund Call for EGM To Remove Punit Goenka from Board
Moneylife Digital Team 14 September 2021
Two independent directors, namely Ashok Kurien and Manish Chokhani, resigned from the board of Zee Entertainment Enterprises Ltd a day before the company’s annual general meeting (AGM). Invesco Developing Markets Fund (formerly...
Coffee Day Enterprises pays Rs 69 lakh to settle case with SEBI
IANS 11 September 2021
Coffee Day Enterprises has paid Rs 69 lakh to settle a case, pertaining to alleged disclosure norm violations, with the Securities and Exchange Board of India (SEBI).
Following issuance of a show cause notice, the company...
Ford Decides To Stop Car Manufacturing in India
Moneylife Digital Team/ IANS 09 September 2021
American automotive major Ford Motor Company on Thursday announced it has decided stop manufacturing at its two Indian plants, owned by its subsidiary Ford India Private Ltd, due to losses.
In a statement, Ford India said...
SC Stays Proceedings on Amazon’s Plea To Enforce Emergency Arbitrator’s Award
Moneylife Digital Team 09 September 2021
The Supreme Court (SC) on Thursday stayed all proceedings before the Delhi High Court (HC) on Amazon’s petition seeking enforcement emergency award passed by Singapore International Arbitration Centre (SIAC), which restrained Future...
Free Helpline
Legal Credit