Zomato's parent company, Eternal, appoints Aditya Mangla as the new CEO of its food ordering and delivery business for a two-year term, succeeding Rakesh Ranjan.
Mangla, who joined Zomato in March 2021, has held key positions in food delivery operations and was previously chief of staff to CEO Deepinder Goyal.
His appointment comes amid a slowdown in Zomato's core food delivery business growth, with the latest quarter showing a 16% annual increase but a 1% sequential decline in gross order value.
Zomato founder Deepinder Goyal emphasizes the need for decisive, thoughtful leadership as the company enters its next chapter.