Zomato Co-Founder Steps Down after a Decade
Zomato’s co-founder Pankaj Chaddah took to twitter to announced his resignation from the company ending a decade of service.
Chaddah will now take a little break but aspires to “move on to something new.”
In a letter posted on the company’s blog intended to his fellow employees, he stated “I have been thinking of moving on for some time now, but I didn't want to leave when the company really needed me to be around".
Admitting that the company was going through a bad phase in the last two years, he added, “now that the company is in good shape, I think it’s a good time.”
Indeed, this news comes as a shock for many but his resignation cannot come at a better time. A few days ago, China’s Alibaba Group Holding Ltd invested $150 in the food search and delivery app, valuing the comp...