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Zomato hires new CEO for food delivery business; Goyal says, 'We need leaders who believe...'

  • 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.

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