How Zomato Responded to Studies of Agency Shutting Prompt Service

Zomato is rebranding Prompt, its ten-minute meals supply service, and never shutting it down, an organization spokesperson stated. The assertion has come amid studies claiming that the corporate was planning to shut Prompt, launched lower than a yr in the past, owing to robust market circumstances.

Nevertheless, the spokesperson clarified that it was engaged on a brand new menu for the service. “Prompt shouldn’t be shutting down. We’re engaged on a brand new menu with our companions and rebranding the enterprise. All ending stations stay intact, and no persons are impacted by this choice,” the spokesperson stated. The meals aggregator had launched Prompt in March 2022.

Earlier this month, Zomato Co-Founder and Chief Know-how Officer Gunjan Patidar resigned firm. Patidar was one of many first few staff of Zomato and constructed the core tech methods for the corporate, it stated in a regulatory submitting.

In November final yr, one other co-founder of the corporate, Mohit Gupta, had resigned. Gupta, who had joined Zomato four-and-half years again, was elevated to co-founder in 2020 from the place of CEO of its meals supply enterprise.

Zomato had witnessed some top-level exits final yr, together with these of Rahul Ganjoo, who was head of recent initiatives, and Siddharth Jhawar, the erstwhile vice-president and head of Intercity, and co-founder Gaurav Gupta.

Alternatively, within the current Fairwork India Rankings 2022 Report, Zomato scored four out of 10 on the idea of offering truthful working circumstances for gig staff. The rankings have been determined based mostly on the evaluation of a number of on-line platforms in opposition to 5 ideas: Honest Pay, Honest Situations, Honest Contracts, Honest Administration, and Honest Illustration.

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