Zomato’s Gunjan Patidar Resigned: Why are Investors Worried?

What Happened to Zomato after Gunjan Patidar Quit?

Zomato Co-founder Gunjan Patidar's resignation led to the food delivery service provider’s share falling by over 4%. This brought a cloud of uncertainty among investors.

What made Gunjan Patidar a Force to Reckon With?

Zomato's core tech team was formed largely under Gunjan Patidar’s leadership. A co-founder and CTO for more than 10 years, he built a solid tech leadership team that is capable of leading the tech function in future.

Gunjan Patidar’s Key Achievements in Zomato

– Building AI and ML models – Building a larger tech architecture for     Zomato – Nurturing tech team for future roles

Zomato is Grateful to Gunjan Patidar

"Over the last 10+ years, he also nurtured a stellar tech leadership team that is capable of taking on the mantle of leading the tech function going forward. His contribution to building Zomato has been invaluable." Zomato said in a stock exchange filing.

Gunjan Patidar’s Career Path

Gunjan Patidar Graduated from IIT Delhi with a B.tech and began his career at Cvent as a software engineer. He joined Zomato’s IT division and was then promoted to the position of CTO. The estimated net worth of Gunjan Patidar is Rs.363 crore

Zomato’s Key Top-Leadership Exits

– Siddhart Jhawar: Ex Vice-President of    global growth – Rahul Ganjoo: Ex co-CEO of food    delivery – Mohit Gupta: Ex co-founder and head     of new initiatives – Gunjan Patidar: Ex CTO of Zomato

Market Share of Zomato

Zomato currently has a market valuation of Rs. 50,327 crores and holds a 55% market share according to Q3,2022 of september.

The Future Outlook of Zomato

Zomato's market share is growing despite the foodtech unicorn appearing to have a series of top-level exits. In the future, it is probable that Zomato will remain a key participant in the market for online meal delivery and restaurant discovery.



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