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Zomato co-founder Gaurav Gupta quits days after company shut down grocery delivery pilot

After Gupta’s resignation, the company is left with four co-founders including Deepinder Goyal.

Zomato co-founder and head of supply Gaurav Gupta, who was a key executive in the run up to the food delivery platform's IPO, has resigned from the company. Gupta joined Zomato in 2015 and was made a founder in 2019. His exit comes days after Zomato shut down its grocery delivery pilot and nutraceutical business, which Gupta was spearheading. CEO Deepinder Goyal took to Twitter to wish Gupta well and confirm his resignation: https://twitter.com/deepigoyal/status/1437680821167607810 Gupta's resignation comes in the middle of a larger restructuring at Zomato after its IPO. Since being listed, the company has shut down international subsidiaries and unsuccessful local initiatives. Gupta's journey at Zomato Gupta joined Zomato in 2015 as head of table reservations. He became the company's Chief Operating Officer in 2018. Gupta was elevated to co-founder in 2019 to focus on the nutraceuticals and grocery delivery market. "This business can potentially be a large value driver for Zomato in the future,” Gupta had said last year. In the past few months, Gupta has been at the forefront of Zomato's IPO effort, leading discussions with investors and the media. As the grocery delivery and overseas subsidiaries failed to take off, however, Gupta had a fallout with Zomato CEO Deepinder Goyal, according to a report by Moneycontrol. Zomato was founded in 2008 by Deepinder Goyal, Pankaj Chaddah, and Gunjan Patidar. Chaddah left the company in 2018. After Gupta's resignation, the company is currently led by four co-founders: Deepinder Goyal, Gunjan Patidar, Mohit Gupta, and Akriti Chopra. Zomato…

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