Zomato Co-founder Mohit Gupta resigns

Mangalore Today News Network / NDTV

New Delhi, Nov 18, 2022: Mohit Gupta, the co-founder of food-ordering app Zomato, has resigned. In a note to the markets, the company attached a farewell message from Mr Gupta, who said he will remain a "long only investor in Zomato".

 

"...I am looking forward to seeing you continuing to build on everything we have learnt over the years. Be relentless, keep learning, and build an organization that is a role model for the rest of the world," Mr Gupta said in his farewell message.

Mr Gupta praised the other founder, Deepinder Goyal, who is the current chief executive, and senior staffers for relentless work to become a "large and profitable business" despite challenges as the COVID-19 pandemic.

"Over the past few years, I have seen Deepi [Deepinder Goyal] become an even more mature and confident leader who is now completely capable of leading the business into a bright future with all of you by his side," Mr Gupta said.