MAM
Zomato co-founder & CPO Akriti Chopra resigns after 13 years
Mumbai: Akriti Chopra has resigned from her position as co-founder and chief people officer of Zomato, effective 27 September 2024, after a 13-year tenure. She was instrumental in establishing and scaling the company’s legal and finance teams during her previous role as CFO. Before joining Zomato, Chopra spent three years at PwC in the tax and regulatory practice.
Chopra’s resignation follows a series of departures from Zomato’s leadership; Gunjan Patidar, the former chief technology officer, left in January 2023, and co-founder Mohit Gupta resigned in November 2022 after being promoted to co-founder in 2020 from CEO of the food delivery business. Zomato stated that Chopra is stepping down “to pursue other interests”.
In her exit email, which was uploaded on the stock exchange, Chopra wrote, “Deepi, as discussed, I am formally submitting my resignation effective today, September 27, 2024. It’s been an incredibly enriching journey over the past 13 years. Thank you for everything. I’m always a call away. Wishing you and Eternal the very best.”
In a series of departures, Chopra becomes the fifth co-founder to leave the company in about two years, following Patidar, Pankaj Chaddhah, Gaurav Gupta, and Mohit Gupta. Chaddhah exited in 2018, while Gaurav Gupta left in 2021.
MAM
PwC India announces leadership change in Deals practice
Shashank Jain steps down as co-leader after nearly three decades with the firm.
MUMBAI: When one dealmaker steps off the pitch, another is ready to take the baton because in the fast-moving world of transactions, the game never really stops. PwC India has announced a leadership transition in its Deals practice, with Shashank Jain stepping down from his role as co-leader to pursue an opportunity in the industry. The practice will continue to be led by Mohit Chopra, ensuring continuity and sustained growth momentum.
PwC India partner and leader for advisory dinesh Arora paid tribute to Jain’s contributions. “We deeply appreciate the significant contributions made by Shashank over close to three decades he has spent with PwC, particularly his defining role in shaping and strengthening our Transaction Services practice in India,” he said. Arora highlighted Jain’s support for clients through some of the most complex and significant transactions in the Indian market, noting his deep technical expertise, sound judgment and nuanced understanding of the evolving M&A landscape.
The Deals practice remains a key growth driver for PwC India, and the firm expects continued expansion under Mohit Chopra’s leadership. He will continue to guide clients through complex transactions and transformational business moments, building on the strong foundation established over the years.
Reflecting on his journey, Shashank Jain said, “I have had an exceptional journey at PwC. I owe my growth and learning to the nurturing environment and leadership development that PwC provided.” He added that he had been working closely with Mohit and the larger team to ensure a smooth transition and expressed confidence that Chopra would take the Deals practice to newer heights.
From intern to respected deals leader, Shashank Jain has clearly closed many successful transactions and now, it seems, he’s ready to strike a new deal of his own.
