Durga Raghunath has quit Zomato as its Senior Vice President of growth, within six months of being appointed in the position. Subsequently, she joined the publishing company Juggernaut Books, which launched just last week.
Raghunath had joined Zomato after being the CEO of Network18 Digital where she was responsible for all its content properties including Moneycontrol, Burrp!, IBNLive and Mobile18. Raghunath was also the CEO of Firstpost. She had previously joined Web18 as VP in 2010 and was subsequently appointed as the CEO of Firstpost in 2013. Promoted as the CEO of Network18 Digital in 2014, she later quit the company in July last year.
In September last year, Zomato had appointed Rameet Arora, former senior director of Corporate Communication and Menu Management at McDonald’s India as its Chief Marketing Officer. Arora replaced former CMO Alok Jain, who had quit the month before, just 10 months after his appointment.
Subsequently in June this year, Arora himself quit the company. Arora had joined Zomato from McDonald’s where he worked as the senior marketing director of menu management in the company’s corporate communication team for over 4 years.
Other developments at Zomato:
– Earlier this month, Zomato raised $60 million in a round of funding from Temasek and existing investor Vy Capital. The platform said it would use the funds to invest in its new businesses such as online ordering, table reservations, point of sales, and the whitelabel platform.
– Again this month, Zomato started offering a whitelabel platform to help restaurants create their own mobile apps. The company claims that its platform can create ‘market-ready’ iOS and Android apps in less than 3 weeks.
– Zomato also integrated Paytm as a payment gateway on its Zomato Order platform this month. The company said then that food ordering was a prime use case for Paytm wallet users and a move towards doing cashless transactions in India.
– In July, Zomato introduced online payments through debit cards, credit cards and net banking for ordering food in select restaurants in India, in a partnership with PayPal. Users could either scan their card details or enter them manually.
– The Gurgaon-headquartered company had launched a separate app for ordering food called Zomato Order in May, after starting food delivery service in Delhi NCR in April. The company said that launching a separate app for food ordering allowed them to build lightweight apps and focus on specific problems faced by users.
– Zomato’s Pay with Cashless system was launched in Dubai in April this year, and was expected to be launched in India too. This online payment product allowed a user to open a tab by visiting the Cashless integrated restaurant’s page on the Zomato app and tapping on “Pay with Zomato Cashless”.