Zomato Co-Founder Mohit Gupta Resigns

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Zomato Co-Founder Mohit Gupta Resigns

The co-founder of Indian food delivery company Zomato, Mohit Gupta has resigned. This comes as Zomato faces a tough battle in the face of competition from UberEats and Swiggy. The cause for his resignation is not yet clear, but Gupta had been working with the firm for over 10 years.

How does the resignation of Mohit Gupta impact Zomato?

Mohit Gupta, co-founder and CEO of Zomato, has resigned from the company. The decision was announced in a blog post on Tuesday. Gupta will continue to be an advisor to the company.

Zomato said that its board “wants to take this opportunity to thank Mohit for his contribution” and that it is “looking forward to his continued involvement in the future of Zomato”. Gupta had been with Zomato since its establishment in 2008.

The resignation comes amid a spate of controversies at the company. In March, Zomato was hit with a fine from the UK’s advertising regulator for running misleading adverts. In April, two employees at the company were accused of sexual harassment. And last month, Gupta admitted that he did not disclose his relationship with Vidya Subramanian, an executive at Jio Infocomm who also advises Zomato’s board, when he invested in her startup back in 2013.

What caused the resignation of Mohit Gupta from Zomato?

Mohit Gupta, one of the co-founders of Zomato, resigned on November 18, 2022. The reason for his resignation is not clear yet.

Zomato went through a tough time in 2019 and it seems that Mohit Gupta was not happy with the company’s current state. He had tweeted about how he was “frustrated” with the company’s direction just a few weeks before his resignation.

There were also reports that disagreements between him and the other co-founder Deepinder Goyal led to his departure from Zomato. However, this has not been confirmed by either party yet.

Zomato Co-Founder Mohit Gupta Resigns

What is the impact on Zomato in general?

Zomato, one of India’s leading restaurant discovery platforms, has announced the resignation of its co-founder and CEO Mohit Gupta. In a blog post, the company said that it is “deeply saddened” by his decision and thanked him for his contributions during his time at Zomato.

Gupta had been with Zomato since its inception in 2007 and helped it grow into one of the biggest players in India’s $10 billion food delivery market. However, recent controversies have cast a shadow over the company’s image. In February, Zomato was fined Rs 2 crore (~$260,000) by the Delhi High Court after an investigation found that its employees had falsely claimed to have delivered food to customers. Later that month, Gupta came under fire after he was caught on camera assaulting a waiter at a luxury hotel in Mumbai.

Despite these issues, Gupta says that he decided to resign because he believes that there are “better opportunities ahead”. He will be replaced by Deepinder Goyal, who has been CEO of Paytm Mall for the past two years.

All controversies surrounding Zomato that prompted Mohit Gupta’s resignation

Mohit Gupta, co-founder of Zomato, resigned from the company last week after multiple controversies came to light. The first controversy was that Zomato employees were accused of sexual harassment by a former employee. Secondly, it was discovered that Zomato had been selling access to its restaurant database to restaurants at unfair rates. Finally, it was found that Zomato had been tracking customer data without their consent.

These controversies culminated in Mohit Gupta stepping down from his position as CEO and Co-Founder of Zomato. In a blog post published on Wednesday, he wrote “There have been recent allegations against our company which I find extremely troubling… I will be taking a leave of absence to focus on clearing my name and rebuilding the trust of those we have let down.”

The allegations of sexual harassment against employees are shocking and unacceptable. It is important that companies take measures to prevent such misconduct from happening in the future. However, this does not absolve Zomato of its previous sins. The accusations of unfair business practices may also damage the company’s reputation, making it difficult for customers to trust it with sensitive information like their address or dietary preferences.

Zomato’s failure to properly protect customer data is particularly concerning. Tracking customer data allows businesses to understand how customers behave and make better marketing decisions based on this information. But by doing so without consent, Zomato has betrayed the trust of its users. This

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