Zomato's global finance head Hemal Jain resigns

Zomato’s global head of finance and chief financial officer of its business-to-business grocery supply vertical Hyperpure Hemal Jain resigned on Monday, the company informed the stock exchanges.

Jain, who joined Zomato in 2018, quit “to explore other opportunities”, the company said.

Her last date at the Gurgaon-based food and grocery delivery firm will be January 31.

Jain’s departure comes close on the heels of Zomato being slapped with a Rs 803 crore demand notice by goods and services tax (GST) authorities, which the company said it will contest.

She reported to Zomato chief financial officer Akshant Goyal.

This is the second senior management departure at Zomato over the last few months after Akriti Chopra – the company’s cofounder and chief people officer resigned in September.

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Jain, who was among Zomato’s senior management team that worked on the company’s July 2021 initial public offering, has spent more than a decade at Hindustan Unilever prior to joining the Deepinder Goyal-led company.”I have had the privilege of being part of the Zomato journey and its dynamic team over the past six years. However, after much reflection, I have taken this tough decision to move on and explore a different path,” Jain wrote in her resignation letter.

On Monday, Zomato’s share ended 2% up at Rs 294.25 on the BSE.

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