Zomato’s global finance head Hemal Jain to step down by January 2025

Jain, who also served as the CFO of Hyperpure, Zomato’s B2B supplies arm, played a pivotal role in Zomato’s journey

Zomato’s Global Finance Head, Hemal Jain, has announced her resignation and will officially leave the company on January 31, 2025, to pursue other opportunities. The food tech giant notified the stock exchanges about Jain’s departure, marking the end of her six-year tenure with the organisation.

Jain, who also served as the CFO of Hyperpure, Zomato’s B2B supplies arm, played a pivotal role in Zomato’s journey, including its initial public offering (IPO) and the financing of its largest acquisition, Blinkit, as well as overseeing its transition process. Her resignation comes shortly after Zomato received a Rs. 803 crore GST demand notice from the tax authorities.

In her resignation letter, Jain stated, “I hereby tender my resignation as Head – Business Finance of the Company. Please accept my last working day as 31st Jan 2025. I have had the privilege of being part of the Zomato journey and its dynamic team over the past 6 years. However, after much reflection, I have taken this tough decision to move on and explore a different path. I take this opportunity to thank everyone in Zomato for the support extended to me during my tenure. I wish Zomato the very best for continued success.”

Jain’s departure follows a series of recent senior exits at Zomato. In September, co-founder and Chief People Officer Akriti Chopra resigned with immediate effect, followed shortly by the resignation of independent director Gunjan Tilak Raj Soni.