Zomato co-founder Mohit Gupta resigns; pens a heartfelt farewell note

In a farewell note, Gupta said that it was an honour for him to see the company grow leaps and bounds

Zomato, food delivery, online
BS Web Team New Delhi
3 min read Last Updated : Nov 18 2022 | 8:47 PM IST
Zomato co-founder Mohit Gupta regined from his post in the company on Friday. The company, in a voluntary disclosure, said that Gupta tendered his resignation today.

In a farewell note, Gupta said that it was an honour for him to see the company grow leaps and bounds.

"In this journey, it has been my pride and privilege to see Deepi, Akshant, Akriti, and the entire team grow leaps and bounds to become champions. You took me along and helped me grow immensely as well; for that, I thank you from the bottom of my heart."

Ïn his farewell note, he said, "Four and a half years ago I joined Deepi & this band of crazies trying to build the best food tech company in the country, I dare say the world. In this period, we brought our food delivery business back from the brink, survived crazy competition, the pandemic, and became a large and profitable business (as unlikely as it seemed at the beginning :-)).

Deepinder Goyal, CEO of Zomato thanked Mohit for doing a tremendous job in tough times. He wrote, "MG - you have been a brother, and a friend to me over the last few years. You have done a tremendous job here, brought us back from the brink of extinction, scaled the business to new heights, got us to profitability, and above all, coached me over the years to become capable of running such a large and complex business. Thanks to you, I feel confident that I can continue to build on top of your legacy and build a bigger and better company going forward. Thanks once again; I know you will always be around for me, but still, you will be sorely missed."

Mohit's note further added: "The journey to build a world class tech business out of India, for India (and then maybe the world) is still on, just 1% done. In this journey, it has been my pride and privilege to see Deepi, Akshant, Akriti, and the entire team grow leaps and bounds to become champions. You took me along and helped me grow immensely as well; for that, I thank you from the bottom of my heart.

Over the past few years, I have seen Deepi become an even more mature and confident leader who is now completely capable of leading the business into a bright future with all of you by his side. It is with this confidence that I am deciding to move on from Zomato to seek the other unknown adventures that life holds for me. As I look ahead, I am full of excitement for the vision that Zomato, Blinkit, Hyperpure and Feeding India are building towards.

"Everyone – please continue shining, and making products that India loves using. You are all so brilliant in so many ways, in the hands of a very capable leadership team. I am looking forward to seeing you continuing to build on everything we have learnt over the years", the note said.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :ZomatoDeepinder GoyalStartupsBS Web Reportsprivate companiesZomato breaks evenFood delivery in Indiaonline food deliveryTop Business Headlines

Next Story