India-based online food delivery platform Zomato has elevated its food delivery business CEO Mohit Gupta as a co-founder.
Mohit Gupta has become the fourth co-founder of the Gurugram-based venture, under the Founders Programme launched by the company a year ago.
According to Zomato co-founder and CEO Deepinder Goyal, Mohit Gupta has played a key role in significantly strengthening the company over the last two years.
Goyal was quoted as saying by Inc42: “When I introduced the Founders Programme a little over a year ago, I outlined a few qualities that all founders must exhibit. These qualities include trustworthiness, commitment and resilience among other things. Gupta checks all these boxes and more.”
In an email to Zomato employees, Goyal noted that Gupta took a 100% cut in salary twice during the last two years to help the firm wade through tough times.
Gupta had joined Zomato in 2018. He earlier worked with online travel firm MakeMyTrip as chief operating officer. Before joining MakeMyTrip, Gupta worked with Zovi and PepsiCo International.
Zomato was founded in 2008 by Goyal and Pankaj Chaddah as a restaurant discovery online platform. The latter quit the company in 2018.
Currently, the co-founding team members are Gaurav Gupta, DeepinderGoyal, GunjanPatidar and Mohit Gupta.
Gaurav Gupta who worked as the chief operating officer (COO), was given the position of co-founder last year.