Business Standard

Zomato to rejig top brass in next 6 months as investors look for change

Company says it is just replacing old guard with stronger leaders

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Karan Choudhury New Delhi
Country’s oldest food tech and online restaurant discovery and food delivery portal Zomato might be heading for a major rejig in its senior management over the next six months, sources close to the company said.

According to sources, investors including Ant Financial, Sequoia Capital and Temasek Holdings want the firm to focus on food delivery side of the business, where Zomato’s competitors — Swiggy and Foodpanda — are much ahead. 

Sources said as many as five more exits might happen in the next six months, of which three would be in the technology team and the rest in the marketing

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