After six years, Gaurav Gupta, co-founder and COO of Zomato, departed the company. Only days later, the corporation declared that it would shut down its e-farm.
Only days after the company declared that it was leaving, the e-grocery company was leaving GAURAV GUPTA.
In the days following the departure of Guarav Gupta, Zomato’s shares decreased by up to 1%. Gupta will depart the company because of a mistake in advance between him and Deeepinder Goyal, the creator of Zomato, according to sources quoted in a Monetar Control.com post.
Gupta, also supply manager of Zomatos, wrote an internal mail saying that he would launch a new chapter in six years’ time as the company’s Lead Manager.
“I’ve always been in love with Zomato,” he continued. I didn’t know what it’d look like in six years. And it was just what the mind needed. ‘What we have done and what we will achieve in the future is to be proud of where we are today,’ says Gupta.
“Now we’ve got a powerful Zomato crew, and it’s time I went another road. He says, “I’m taking a new rotation and I’m starting a new chapter in Zimato out of this defining chapter of my life in six years now. I’m overtaken with emotion, and I believe no word can sufficiently talk about how I feel right now.”
The resignation of Gupta is only a couple days after Zomato stated that nutraceutical and food supply would be discontinued. Note that Gupta was responsible for the establishment of the food and food firms, who fought for some time before Zomato plugged both businesses.
Zomato started on the August stock exchange and has done well since. However, the financial situation of Zomato has been weaker as a consequence of the outbreak.