The sequence of events leading up to the exit of Gaurav Gupta from Zomato

the sequence of events leading up to the exit of gaurav gupta from zomato

Sumary of The sequence of events leading up to the exit of Gaurav Gupta from Zomato:

  • Gaurav Gupta had joined Zomato in 2015 and was elevated to the position of co-founder last year Zomato has elevated Gunjan Patidar, Mohit Gupta and Akriti Chopra as the co-founder over the last 2 years.
  • Zomato has been carrying out clean up drive on the side by striking off entities and vertices that didn’t contribute much to its revenue.
  • Zomato’s initial public offering (IPO) was the watershed moment of the Indian startup ecosystem, paving the way for many other such newage businesses to hit the public market.
  • It was all hunky dory till the time of the IPO but there have been a series of changes — both good and bad — in Zomato’s business.
  • The most recent one is the exit of co-founder Gaurav Gupta, who was the head of supply at Zomato and one of the key people behind the company’s run-up to the listing.
  • Gupta had joined Zomato back in 2015 as a business head of table reservation.
  • He was promoted to the position of global advertising sales head in 2017 and as the chief operating officer of the company in 2018. Zomato also elevated Gupta as the co-founder of the company in 2019. Over the past two years, Zomato has elevated several key management personnels to the position of co-founders.
  • This includes Gunjan Patidar, Mohit Gupta and Akriti Chopra.

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