Zomato said Monday its co-founder and chief technology officer Gunjan Patidar has left the company, the latest in a string of departures at the Indian food delivery company whose shares have lost more than 57% of their value over the past year.
Patidar is the fourth co-founder to leave the company. His departure also follows the departure of Mohit Gupta, another co-founder, and two other senior executives last month.
“Patidar was one of Zomato’s first employees and built key technical systems for the company. Over the past ten years, he has also nurtured a fantastic technical leadership team capable of taking on the mantle of leading the technical function in the future. His contribution to building Zomato has been invaluable,” the Indian food delivery driver revealed in a scholarship application.