Tag: Zomato News

  • Story of Zomato COO and CoFounder, Gaurav Gupta from Entry to his Parting

    Gaurav Gupta was the Global Head of the Advertising sales of Zomato and was later promoted to the COO position of the company. After 4 years of exceptional contribution towards his work and leading the launch of a wide range of the services of the business, Gaurav Gupta was again elevated to the rank of the Co-founder of Zomato on March 2, 2019. However, after a brief stint of a little more than 2 years as the Co-founder and COO of Zomato, Gaurav Gupta resigned from the company on September 14, 2021.

    Quite intriguing isn’t it?

    We know you want to know more about Gaurav Gupta, which is why StartupTalky covers the story of Zomato COO and Co-founder, Gaurav Gupta from his entry into the organization to his resignation.

    Gaurav Gupta Biography

    Name Gaurav Gupta
    Nickname GG
    Nationality Indian
    Education Indian Institute of Technology (IIT) Delhi
    Profession Sales and Advertising Head, Business Head
    Position Former COO and Co-founder of Zomato
    Co-founder Zomato

    Gaurav Gupta Before He Joined Zomato

    Little is known about Gaurav Gupta’s life before he joined Zomato, but as per his Linkedin profile and a TOI article, Gaurav worked as a consultant at A.T. Kearney for a decade.

    Zomato Success Story – Latest News | History | Founders | Funding
    Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has beenapproved by the organization it is based on. There were days when we used to call different restaurants to place orders andagain call up for c…

    Gaurav Gupta’s Early Days in Zomato

    Gaurav joined the organization in 2015 and was the Head of the Supply of Zomato. He was the key person, who led the launch of numerous services that the online food ordering platform currently draws revenue from across a bunch of international markets. Furthermore, Gaurav also launched the table reservation business and was also responsible for scaling it up across India, UAE, and Australia.

    Gaurav Gupta not only led the advertising sales of the company globally but also played a significant role in launching Zomato Gold. Gupta played an instrumental role in growing the subscription service of Zomato to one of the fastest-growing of paid membership programs. Furthermore, he had also worked with Zomato’s payments business, registered under Zomato Pay.

    Gaurav was then promoted as the COO of the company and thereby, acted as the head of the operations team.

    Gaurav Gupta eventually moved from the COO role to lead Zomato’s nutrition business. On this Gaurav mentioned via an email saying, “I was anyway not doing this role, and it will be great for all of us if we find someone better than me to do this role,” wrote Gupta.

    Gaurav Gupta Promoted as the COO of Zomato

    In January 2018, at a time when Zomato was seeing a key shuffle in top management roles, he was elevated from his earlier role of the global head for advertising sales to the COO. As the COO, he was given charge of critical operations including content and new initiatives such as their cloud kitchen module, Zomato Infrastructure Services along with sourcing and reviews on the platform.

    Gaurav Gupta as the Co-founder of the Company

    In a move that Zomato’s Co-Founder and CEO Deepinder Goyal stated as ‘empowerment for the right person’, the company’s 38-year-old Chief Operating Officer (COO), Gaurav Gupta was given the title of co-founder. The announcement, which comes as a surprise to many, was made by the company’s CEO Goyal in an internal mail on the 1st of March, 2019. Zomato confirmed the development but declined to share further details.

    Deepinder Goyal stated in the mail saying,

    This is not a ‘reward’- this is empowerment, for the right person, to seamlessly be able to level-up to a role which he has shown the potential for.” He further mentioned that along with the new title of co-founder, Gupta’s role and title as the COO would still be maintained.

    The company then decided to elevate Gaurav Gupta’s position to that of the Co-founder of the company in March 2019.

    As part of the employee empowerment policy of Zomato, the company embraced Gaurav Gupta as one of its co-founders.

    “We are going to call GG ‘co-founder and COO’, in addition to his COO role,” said the Co-founder and CEO Deepinder Goyal via an email to its employees.

    His services were looked up to by everyone in Zomato and he was even singularly praised by CEO Goyal on a couple of occasions due to the success that Zomato is enjoying through numerous add-ons to its primary food delivery business. These include Zomato Gold, the subscription service of Zomato; Hyperpure (through which Zomato supplies fruits, vegetables, and meat to restaurants); the events unit of the company, Zomaland, and more.

    Why is being a Co-founder prestigious and rare in the Startup Ecosystem?

    It is one of the rare moments in the startup ecosystem when a company rewards its experienced and executive by conferring them the title of a founding partner. However, it happened with Zomato and Gaurav Gupta.

    The ride aggregating giant, OLA is another Indian startup company that encourages its employees in a similar fashion. Pranay Jivrajka, an early employee of Ola had also been given the title of a founding partner in 2017, where a similar thing happened. The Chief Executive Officer (CEO) of Ola Foods and a Co-founder of Ola has already taken an exit from the firm in the wake of 2021.

    The Exit of Gaurav Gupta

    Gaurav Gupta finds his way to exit on September 14, 2021, after two years since his promotion to the position of a Co-founder. The resignation of Gaurav Gupta comes a little more than a year after Pankaj Chaddah had quit the company in March 2020. Pankaj Chaddah co-founded Zomato with Deepinder Goyal in 2008 and had been extensively known as the face of the brand for over a decade.

    Zomato has already drawn a conclusion to some of its business lines and subsidiaries, including its grocery delivery service, nutrition and nutraceuticals, along with some of its international subsidiaries.

    Gaurav Gupta had sent a heartfelt email on his parting to every one of Zomato where he addressed Zomato Co-founder and CEO Deepinder Goyal via a special mention. Deepinder also replied to Gaurav promptly in the same email bidding his Co-founder a fitting farewell.

    Furthermore, Deepinder also took to Twitter to announce the exit of his co-founder and thanked him for the amazing journey of six long years that they spent together. Here goes his Tweet:


    On his resignation, Gaurav Gupta has said that this will be a new turn in his life, and he will be starting a new chapter after he leaves Zomato.

    Zomato and the Resignation of its COOs

    Gaurav Gupta is not the only COO of Zomato who resigned from the company, nor is he the first of its top-level resignations. Zomato seems to have seen a couple of other resignations too of people working in similar designations.

    Pankaj Chaddah was another Zomato personality who donned several hats, among which it is crucial to mention that he was also strikingly the COO of the firm. Deepak Gulati, who had joined Zomato as the President and the Chief Operating Officer of the company had also resigned in September 2017, within six months.

    Conclusion

    Resignations and struggles are part of every organization and Zomato is not an exception but the ground it gives to its employees to grow as an individual and as a team player is laudable indeed. Zomato is backed by investors like Chinese payment giants Ant Financial (payment affiliate of Chinese e-commerce giant Alibaba), venture capital firm Sequoia and Naukri-owner Info Edge with a valuation of over $2 billion. However, with the competition from companies like Swiggy and a never-ending demand for better service, only time will tell how this move will affect in helping Zomato stay ahead of its competitors.

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    FAQ’s

    Who is Gaurav Gupta?

    Gaurav Gupta is the co-founder of Zomato who was elevated to the role of Co-founder from COO and eventually resigned from the organization on September 14, 2021.

    When he joined Zomato?

    Gaurav Gupta joined Zomato in 2015 and was working as a global head for advertising sales for Zomato.

    What’s his current role in Zomato?

    Gaurav Gupta is currently leading Zomato’s nutrition business.

    Who is the founder of Zomato?

    Pankaj Chaddah and Deepinder Goyal are the founders of Zomato. Zomato was founded in July 2008.

    Who are the co-founders of Zomato at present?

    Zomato has four cofounders— Deepinder Goyal, Gunjan Patidar, Gaurav Gupta, Akriti Chopra, and Mohit Gupta.

  • Online Alcohol Delivery in India: Did Zomato and Swiggy get the approval to Deliver Alcohol?

    With the coronavirus crisis drying up the state coffers, the opening of the Alcohol shops was the only way to make quick and easy money for the government. The national capital usually makes Rs 3,500 crore per month from liquor sales, but due to the lock-down, Karnataka made a record in a day of Rs 197 crore. Hence, the online-delivery of alcohol in India was looked at as an opportunity to boost the economy.

    Alcohol consumption in India reached 6.5 billion liters in 2020. The steady increase in consuming these beverages can be attributed to multiple factors including the rising levels of disposable income and a growing urban population among others. This was seen as an opportunity by food delivery startups-Zomato and Swiggy for making alcohol available for home delivery.

    long queues outside wine shops after 40 days of nationwide lock-down

    No wonder when India witnessed liquor sales worth crores of rupees on the first day of the shops reopening since the nationwide lock-down came into force on 25 March, it also saw social distancing rules being flouted with people lining up till kilometers outside the shops.


    “By enabling home delivery of alcohol in a safe and responsible manner, we can generate additional business for retail outlets while solving the problem of overcrowding,”

    Anuj Rathi, vice-president – products at Swiggy, said in a statement. Credits to the huge demand for alcohol in India the government approved of the idea and on the 4th of June, Swiggy launched home delivery of Alcohol in West Bengal, soon after in Jharkhand and Orissa.

    Now, to piece together the back-story of e-delivery of liquor and wine in India, there is some question that needs to be answered, such as, is this online delivery of alcohol legal and how is it managed. Well, we have answers to all your question.

    Who Regulates the Liquor Business in India?
    States that allowed Home Delivery of Alcohol in India
    Reasons for the approval for E-Delivery of Liquor
    Managing E-Delivery of Alcohol
    Pricing of Alcohol
    Swiggy and Zomato work with the Retailers

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    Who Regulates the Liquor Business in India?

    As huge demand for alcohol in covid lockdown, and social restrictions, online wine shopping in india became need of the time.

    But, First of all, The question is How and by Whom is the Liquor Business in India Regulated?

    India’s alcohol drinks market was worth almost $27.2 billion in 2018, according to the most recent figures from the London-based research group IWSR Drinks Market Analysis.

    Liquor is a matter of the state and its business is firmly regulated by the Excise department of each state and the government regulates the supply of liquor in a state. In some states, retail sales are done by government-owned shops and for other states, the government is just a bulk supplier and the retail is managed by licensed private bodies. For some states, alcohol sales are divided between their own and private outlets.

    consumption (in billion liters) of alcohol in India during years 2016-2020

    States that allowed Home Delivery of Alcohol in India

    Thanks to the massive demand for alcohol in India even during a global pandemic, several states have allowed the online delivery of alcohol just to push the people back inside their houses. Zomato and Swiggy have already launched e-delivery of alcohol in Jharkhand and Orissa and are going to deliver in West Bengal shortly, whereas Delhi is on their radar too.


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    Reasons for the approval for E-Delivery of Liquor

    What was the reason behind the approval for E-Delivery of Liquor during a Global Pandemic?

    There are several legal formalities to be looked at by the state government for the online delivery of alcohol. But the states swung into action when on the 8th of May the Supreme court observed that the states should find ways for online delivery of alcohol because of concerns over social distancing due to COVID-19.

    The state government suggested multiple reasons for the approval of online delivery of liquor, for example, the Orissa government expressed its concerns over the long queues outside the liquor shops also informing that there was a great demand for it among the people.

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    Managing E-Delivery of Alcohol

    How will these Companies manage the E-Delivery of Alcohol?

    To ensure the safe delivery of alcohol with the compliance of all the laws, Swiggy has come up with measures such as age verification and user authentication before accepting the orders. Customers can provide the required data followed by their selfie which the platform will use for verification using an AI-powered system. The delivery persons will have to carry an identity card with them for validation and their details must be submitted with the state government and the customer’s age verification is a must at the time of the delivery.

    All orders will carry a unique OTP which would be required to provide by the customer at the time of delivery. There will also be curbs on the order quantity to ensure that customers are not bulk-purchasing.

    online alcohol delivery in India

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    Pricing of Alcohol

    How are these Platforms going to Price the Alcohol?

    To prevent overcharging, the Orissa government is maintaining a list of retailers with the maximum price f different brands of alcohol. The delivery charges would be fixed at Rs.100 on orders worth Rs.1000 and for amounts beyond that, for every Rs.500 the charges will increase by Rs.25 having a maximum limit of Rs.300 on delivery. This process will be similar for other states as well.

    Swiggy and Zomato work with the Retailers

    How are Swiggy and Zomato going to work with the Retailers In-spite of their Tech Adroitness?

    The biggest challenge in front of these food delivery startups would surely be the different set of rules of different states. All the states in India have different retail rules, different taxes, prices, and different age limits for the consumption of alcohol varying between 18-25 years.

    Where, a month ago, Indians were browsing on the internet as ‘how to make alcohol at home’, the last few weeks have been the fuel of the locked-down economy’s engine has kept everyone in India going.

    “Alcohol is necessary for a man so that he can have a good opinion of himself, undisturbed be the facts.”

    Finley Peter Dunne had once said. The Coronavirus crisis must have been an end for several small businesses, but has also appeared as an opportunity for various other business. E-delivery of liquor is one such massive opportunity that will open new dimensions and will earn enormous revenues.

  • How Zomato is Handling the Recent Delivery Controversy

    Zomato is an online food-delivery startup. Their services are available in 24 countries and around 10,000 cities. There was a recent allegation against a delivery executive of the company by Hitesha Chandranee from Bengaluru. She made an allegation against a Zomato delivery executive and shared some videos on social media explaining the allegation.

    The Allegation
    The Plea
    Zomato’s Response
    FAQ

    The Allegation

    In the first video, Hitesha Chandranee said that her Zomato delivery was late. She was talking to the customer care executive of Zomato regarding the order being arrived late. She pointed to her nose which was bleeding and said that while she was talking with the customer care executive, the delivery man hit her nose and ran away.

    Hitesha Chandranee uploaded another video on her Instagram profile which gave a detailed explanation of what actually happened. She said that she was working from morning and ordered food from Zomato around 3.30 pm. The delivery was supposed to be made by 4.30 pm.

    Since the delivery hadn’t arrived on time, she was following up with the customer care executives. She was explaining to the customer care executives to cancel the order or to provide free delivery for her order.

    She later told the delivery executive the same when he had reached with the order. She told him that she was talking to the customer care executive and didn’t wanted to receive the order as it was too late.

    She said that the delivery executive started shouting at her, asking her whether he was her slave. In the video, she said that she tried closing the door and the delivery executive pushed the door, snatched the delivery package from her hand, punched her and ran away.

    The Plea

    The Zomato Delivery executive Kamraj spoke to the media. He said that after he reached her apartment, he handed over the order to Hitesha Chandranee and was expecting to be paid because the mode of payment was COD.

    He also told that, he had apologized for the delivery being late and explained to her that it was because of the traffic and bad roads in Bengaluru. He said that, Hitesh Chandranee was very rude from the beginning, and asked him why he was late. Even after the apology she kept on insisting that the delivery was supposed to reach within 45-50 minutes.

    Kamraj then said that she had taken the food from him and refused to pay for it. She told him that she was speaking to the customer support and in fear of losing his money, he begged her to pay for the order. And it was at this moment she started shouting and calling him a slave and asked him what he could do.

    At that time the Zomato customer care informed Kamraj that the order has been canceled at the request of the customer and he had asked her to return the food. He said that she did not cooperate and because of her actions he decided to leave the apartment without taking the food.

    When he was walking towards the lift, she started using abusive words in Hindi and threw her slippers at him and started hitting him. And to defend himself from the ongoing attack he shielded himself using his hands. She then hit herself on her nose with her ring accidentally while trying to move his hand.

    Kamraj said that she did not let him go through the lift and he ran down to the third floor. He said that he had called up the Zomato support system executive in Delhi and explained the incident.

    Number of orders received by Zomato
    Number of orders received by Zomato 

    Zomato’s Response

    As soon as the first video was uploaded by the woman, Zomato’s official Twitter handle had responded saying that a local representative from the company would get in touch with her. They said that they would help her with the police investigation.

    Zomato took quick actions. They made a statement saying that the delivery executive was delisted from the app and they empathized and apologised for the incident.

    After hearing the delivery executive’s plea, the co-founder of the application has said that they are providing support to both of them to ensure that both sides of the story are heard.

    The co-founder of Zomato Deepinder Goyal said that they are in touch with the woman and is covering her medical expenses and helping her with the case. He confirmed that they have temporarily removed access of Kamraj towards the application but they are covering his earnings while the case is going on. They are also covering his legal expenses.

    Conclusion

    Zomato has said that Kamraj had made 5,000 deliveries for them and is one of the top delivery executives in the app with a average rating of 4.75/5 star. They said that he had been working with them for 26 months. Deepinder Goyal also reminded the public that these were facts and not an opinion. They have provided the information for record purposes.

    FAQ

    What is the salary of Zomato delivery boy?

    Delivery boys earn approximately between ₹ 25,000 per month, depending on factors such as the number of deliveries completed and the distance they cover.

    Who is the founder of Zomato?

    Deepinder Goyal is the founder and CEO of Zomato.

    What is Zomato’s valuation?

    As of January 2020, Zomato’s valuation is $3 billion.