Zomato's COO Deepak Gulati quits within 6 months of appointment

CIOL Writers
New Update

Deepak Gulati, the President and chief operating officer (COO) of Zomato has resigned from his post within six months of joining the company, ET reports.  Gulati, however, will continue to be on the advisory board.


Confirming the resignation, a Zomato spokesperson told ET, “Deepak will continue to be associated with Zomato as a member of our Board of Advisors." The spokesperson also refuted the claims that Gulati's was an investor-led appointment aading that "Sequoia has in the past helped us with various senior positions, and that is the extent of their involvement in his hiring as well."

Gulati, the former CEO of Tata Docomo joined Zomato in April this year. Before Zomato,  he served at Tata Teleservices for five years, where he was the Executive President, from December 2008 to December 2013, and led the group’s foray into GSM with Tata Docomo, and launched the Tata Docomo brand.

The resignation comes as Zomato tries to boost its delivery platform in the face of intense competition from rivals like Swiggy and FoodPanda. The company recently acquired a last-mile logistics startup Runnr aimed at the same.