Zepto: Zepto announces top-level changes; Vikas Sharma Appointed Chief Operating Officer
Last month, Zepto, backed by the Y Combinator continuity foundation, Appointed Ramesh Bafna as Chief Financial Officer. Bafna joined Zepto from cryptocurrency trading platform CoinSwitch Kuber, where he has been CFO since June last year. His appointment comes amid plans for the Mumbai-based startup to go public in two to three years.
Dhanani, who joined Zepto from Flipkart, a large e-commerce company, in July 2021, will be responsible for integrating the buyer and seller groups, the company said in a statement.
Meanwhile, Vikas Sharma, as COO, will now directly lead end-to-end operations starting from the back end. distribution centers to the last mile, along with supply planning. Javeri will lead customer acquisition, retention and brand development as Director of Development for Zepto.
Javeri will take over as Chief Development Officer from Amritansu Nanda, who will leave Zepto to take a career break, the company said in a statement. “Amritansu has played a key role in building the growth team from the ground up and making Zepto one of the fastest growing internet companies in Indian history. After an incredible stint at Zepto, Amritansu will be taking a well deserved career break to focus on his family and health, and the Zepto team sincerely wishes him all the best,” the company said Wednesday.
“With a leadership team as strong as the one we have today, I am confident that we will turn Zepto into a public generation company within 2-3 years,” said Aadit Palicha, co-founder and CEO of Zepto.
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September raised $200 million last May at a $900 million valuation. In the online space, Zepto competes with Tata-backed Swiggy Instamart, Tata-backed BigBasket, Zomato-backed Blinkit, and Reliance-backed Dunzo.Shuffling the top deck in all directions
Zepto’s reorganization comes on the heels of recent senior management changes at other food and grocery delivery companies, including Zomato and Swiggy.
Zomato Company from Gurgaon earlier this month made three important appointments the promotion of Rakesh Ranjan and Rinshul Chandra to the positions of chief executive officer and chief operating officer of the food ordering and delivery vertical respectively. The company also appointed Rishi Arora as CEO of its Hyperpure vertical.
While Ranjan was the business leader of new ventures at Zomato, Chandra was the vice president of product at the company. Meanwhile, Arora worked at Blinkit, formerly known as Grofers, for nearly nine years and served as senior vice president of operations before co-founding Blinkit last July.
Meanwhile, in recent months, Swiggy has seen a number of senior executives leave the Bangalore-based company. On May 29, ET reported that Anuj Rathy, who is currently the senior vice president of revenue and growth for food and grocery delivery platform Swiggy, going to leave the company.
In addition to Rati, Swiggy CTO Dale Vaz, VP marketing Ashish Lingamneni has also left the company, while Instamart’s Head of Rapid Commerce Kartik Gurumurthy is on sabbatical, its Vice President and Head of Revenue and Growth Nishad Kenkre has left.