Home / Tech / News / In big surprise, Zomato co-founder Gaurav Gupta quits just months after IPO; Deepinder Goyal reacts

In big surprise, Zomato co-founder Gaurav Gupta quits just months after IPO; Deepinder Goyal reacts

Zomato co-founder Gaurav Gupta was a key figure in the IPO process.
Zomato co-founder Gaurav Gupta was a key figure in the IPO process. (REUTERS)

Zomato co-founder Gaurav Gupta quit just months after the company's IPO. In an email to staff, Gupta said, "I am taking a new turn in my life." CEO Deepinder Goyal replied to Gupta's email.

Zomato co-founder Gaurav Gupta has quit. This was announced by Gupta himself in an email he sent to Zomato employees. Notably, through the entire process of the Zomato IPO held recently, Gupta was the leading figure. In his email to staff, Gupta said, "I am taking a new turn in my life and will be starting a new chapter, taking a lot from this defining chapter of my life - the last 6 years at Zomato. We have a great team now to take Zomato forward, and it's time for me to take an alternate path in my journey." Gupta's mail was posted on the blog of the company. Gupta headed the supply function at Zomato. 

CEO Deepinder Goyal replied to Gupta's email and said, "Thank you, GG for everything you have helped Zomato achieve over the last few years. We have seen Zomato through great as well as terrible times together and brought it here today."

The parting was seemingly not on a bitter note as Gupta thanked everyone for his positive experiences at Zomato. In his email, he said, "I am in love with Zomato and will always be. Came in 6 years back not knowing what this would turn out to be. And what a mind-blowing and amazing journey this has been. Feel proud of where we are today, what we have overcome to get here and feel even more proud of what we will achieve in the future."

Gupta thanked the company's founder and CEO Deepinder Goyal saying, "Thank you Deepi for making me a part of this journey. I will always cherish the amazing times we have had together. I have learnt a lot from you all along and I know in my heart that you will take Zomato to heights that most cannot even imagine."

Deepinder Goyal also said, "There's so much of our journey still ahead of us, and I am thankful that you are hanging your boots at a point where we have a great team and leadership to carry us forward."

Goyal referred to the close relationship both shared during their time together at Zomato. He said, "Thank you for being a better friend to me than anyone else I've ever had. I can't yet imagine everyday life at Zomato without you. You will be sorely missed. All the best!"

Goyal also took to Twitter and posted this heart-warming message, "Thank you @grvgpta - the last 6 years have been amazing and we have come very far. There's so much of our journey still ahead of us, and I am thankful that we have a great team and leadership to carry us forward".

Zomato share price was trading at 144.60 on the BSE today, up 0.98 per cent from its previous close.

 

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