Online Restaurant Search and Food Delivery Platform, Zomato’s chief business officer Mukund Kulashekharan has resigned from the post after a three-year stint, a report in a financial daily stated.
Kulashekhran is expected to join local marketplace UrbanClap and is currently in talks to head certain verticals at the on-demand services platform, cited ET according to the people familiar with the matter.
Mukund had first joined Zomato in 2015 and was promoted to the post of the chief business officer. Before that, he was serving as a global business head in online catering firm.
Mukund is an alumnus of the Tuck School of Business at Dartmouth and has done computer science engineering from National Institute of Technology, Tiruchirapalli.
Apart from Mukund, Zomato has witnessed many major senior-level exits in past three months including the global growth team based in India and regional operations teams in Australia and the United Arab Emirates.
Confirming the recent exit, Zomato’s VP-Public Relations, Naina Sahni said that,
Mukund and a handful of other people have moved on from Zomato in the last few months. Almost all these folks spent more than half a decade at Zomato and helped it build one of our hardest times as a company.
Speaking on the context of Mukund’s exit Sahni added
Mukund in particular, has worked tirelessly to build the Zomato food ordering business to the market leadership position that it enjoys today. While he moves on to the next thing that he builds for Indian consumers, he (like most of our alumni) will continue to be a friend and mentor to the teams that he built at Zomato.
Furthermore, Zomato made it clear that the company is not looking for a replacement for Kulashekaran at the CBO position.
It is worthy to note that Kulashekhran was touted as one of the “first rate executioner” for turning around Zomato’s online delivery business.
His one of the most critical contribution in the company was when he helped Zomato raise $200 million from Ant Financial recently. Hence, Mukund’s stepping down the food delivery platform is definetely a hard hit for Zomato which is currenty rivaling Swiggy to expands it footprint in the country.