Amitha Reji George, Pune
Zomato executive Akriti Chopra, who was raised to the position of Co-founder in 2021 ahead of the company’s initial public offering, has resigned, the Gurugram-based food and grocery-delivery platform said in a stock exchange filing on Friday.
Since 2011, Chopra has worked for the company, first in the position of Senior Manager overseeing finance and operations. Later on, she was appointed as the Chief Financial Officer, a position that Akshay Goyal took over in 2020. Chopra also held the position of Zomato’s Chief People Officer.
The stock exchange filing cited Chopra’s email to Zomato CEP Deepinder Goyal, in which she wrote that she was resigning “effective today, September 27”. The organisation stated that she resigned to pursue other interests.
Chopra is also a qualified chartered accountant and a graduate from Lady Shri Ram College. Her notable contribution to the company was made towards the departments pertaining to zomato’s governance, risk, internal legal activities and compliance. She has been an essential part in establishing Zomato’s presence in foreign markets, from which it has now left and in facilitating the company’s multiple funding as a private company.
Because Chopra is the wife of Blinkit founder Albinder Dhinsda, numerous shareholders had expressed concerns about alleged conflicts of interests and poor management by Zomato following the company’s 2022 acquisition of Blinkit.
During the discussion, Goyal the CEO of Zomato stated that Chopra was not informed of any talks or choices made regarding the sale. Following Gunjam Patidar in 2023, Mohit Gupta in 2022, Gaurav Gupta in 2021 and Pankaj Chaddah in 2018, Chopra is the fifth Co-founder of Zomato to quit the firm. Gaurav Gupta and Mohit Gupta were promoted to Co-founder in In 2019 and 2020. Several other senior executives had left the company in 2022 and 2023. They included vice presidents Pradyot Ghate and Siddharth Jhawar, as well as Rahul Ganjoo, the CEO of food delivery at the time. But, he rejoined the company in July 2024.
This news coincides with Swiggy, Zomato’s biggest competitor, getting ready to launch on the public market. The Bengaluru-based business submitted its draft IPO documents on Thursday with the intention of raising $450 million through a new offering.