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Friday, January 3, 2025

From Dark Stores to Dark Days: Zepto Loses VP Jitendra Bagga and HR Head Martin Gomez

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Zepto’s Vice President of Central Operations, Jitendra Bagga, has stepped down after a nine-month tenure, marking the second high-profile resignation at the quick commerce company within a month. 

Bagga, who oversaw key warehousing operations including mother hubs (MH) and line haul (LH) projects, joined Zepto in April 2024. Before his stint at Zepto, he spent over two decades at Reliance Retail and three years at Raymond Limited.

Company Confirms Departure 

The company has confirmed his departure and stated that there are currently no plans to appoint a replacement. This exit follows closely on the heels of another top-level resignation earlier this month, when Zepto’s Chief Human Resources Officer, Martin Dinesh Gomez, resigned after an 11-month tenure.

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The timing of these departures coincides with Zepto’s ongoing transition of its headquarters from Mumbai to Bengaluru. As competition intensifies in the quick commerce space, Zepto, which operates over 550 dark stores, is not only working to expand its presence but is also planning an IPO in 2025.

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2024 a Year of Big Resignations & Exits 

This year has seen a series of notable exits from Zepto, including Viral Jhaveri, former Chief Business Officer/Chief Growth Officer, Ashish Shah, Senior Vice President of Finance, and Manik Oberoi, Vice President of Growth and Retention.

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