Zepto HR Head Martin Dinesh Gomez Resigns

SUMMARY

Zepto's chief human resource officer Martin Dinesh Gomez has stepped down after serving less than a year at the quick commerce startup

Chandan Mendiratta, who joined as chief brand officer in January 2024, will now also head HR functions as chief culture officer

This adds to a series of high-profile exits at Zepto in recent months, including senior executives from growth, business, and finance verticals

Quick commerce startup Zepto’s chief human resource officer (CHRO) Martin Dinesh Gomez has resigned from his position after serving less than a year at the company.

After his 11-year stint with Amazon, Gomez joined Zepto in February this year.

With over 20 years of experience in HR, he also held various leadership positions at various companies, including Microsoft, Thomson Reuters and Accenture among others.

A Zepto spokesperson confirmed Inc42 that Chandan Mendiratta, who joined as chief brand officer in January, has taken over the HR function as chief culture officer, effective October end.

Mendiratta leads brand marketing initiatives and strategy at Zepto, now taking on additional responsibilities with this expanded role of chief culture officer.

Before joining Zepto, Mendiratta served as chief growth officer at Classplus. He also had a four-year stint at Zomato, where he held leadership roles including head of brand marketing and global sales head for dining.

Gomez joins a growing list of senior executives who have left the quick commerce startup in recent months. In June 2024, Manik Oberoi, former VP of growth and retention, and Viral Jhaveri, former chief business officer and chief growth officer who had a two-and-a-half year stint at the company, quit Zepto.

Earlier this year, Ashish Shah, former senior vice president of finance, also left the company.

These exits come amid significant funding raises by Zepto. The company recently secured $350 Mn from domestic investors in November 2024, following earlier rounds of $340 Mn in August and $665 Mn in June at a $5 Bn valuation.

Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto claims its gross merchandise value crossed $1 Bn in FY24, with nearly 75% of its dark stores achieving EBITDA positivity by May 2024. The company is currently preparing for an initial public offering (IPO) in the next couple of years and is in the process of shifting its base to India.