Zomato co-founder and chief individuals officer Akriti Chopra resigns with “quick impact”: Learn her ‘resignation e-mail’ to CEO Deepinder Goyal

Zomato’s chief individuals officer and co-founder, Akriti Chopra, has introduced her resignation from the net meals supply platform efficient instantly. In keeping with a inventory trade submitting, Chopra is leaving the corporate to pursue different pursuits. One of many oldest Zomato staff, Chopra joined Zomato in 2011 as a senior supervisor of finance and operations.She was promoted to chief monetary officer in 2019 and have become a co-founder forward of the corporate’s IPO. In her most up-to-date position, she was additionally Zomato’s chief individuals officer.
The Girl Shri Ram Faculty graduate — additionally a certified chartered accountant — is reported to have performed an essential position in constructing Zomato’s in-house authorized, governance, danger and compliance groups. She has additionally been instrumental in facilitating a number of funding rounds for Zomato as a personal agency, in addition to organising the corporate’s presence in worldwide markets, from which it has now pulled out.

What her e-mail to CEO Deepinder Goyal mentioned

“Deepi, As mentioned, formally sending in my resignation efficient right now, September 27, 2024. It has been an extremely enriching journey over the previous 13 years. Thanks for every thing. I am all the time a name away. Wishing you and Everlasting, the easiest,” Chopra wrote in her exit mail which was uploaded on the inventory trade.

What Zomato mentioned in its trade submitting on Akriti

“We wish to inform you that Ms. Akriti Chopra, CoFounder & Chief Folks Officer designated as Senior Administration Personnel (“SMP”), has tendered her resignation w.e.f. September 27, 2024,” mentioned Zomato in its trade submitting. Zomato acknowledged that the co-founder goes “to pursue different pursuits,” with impact from Friday, as per its BSE submitting.

Shareholders concern behind resignation?

Her resolution to go away the corporate comes after a number of shareholders raised issues about potential conflicts of curiosity and governance points following Zomato’s acquisition of Blinkit in 2022. Blinkit’s founder, Albinder Dhindsa, is Chopra’s husband.
Chopra’s departure marks the fifth Zomato co-founder to go away the corporate since its founding. Different notable departures embrace Gunjan Patidar, Mohit Gupta, Gaurav Gupta, and Pankaj Chaddah. Moreover, a number of senior executives have additionally exited Zomato lately.