Zepto Faces Second Leadership Exit as VP Jitendra Bagga Resigns

Jitendra Bagga has resigned as Vice President of Central Operations at Zepto, a quick commerce company, after nine months in the role, according to media reports.

During his tenure, he oversaw Zepto's warehousing operations, including mother hubs and line haul projects, amid rapid expansion. This is Zepto's second major leadership exit in recent months. In December, Chief Human Resource Officer Martin Dinesh Gomez also left the company after 11 months.

Read more - Foxconn Completes $230 Mn Housing Project In TN For Workers

Warehousing, mother hubs (MH), and line haul (LH) are crucial for Zepto, especially with the company’s rapid expansion. At the start of the year, Zepto had about 300 dark stores, but that number has now grown to over 750. This growth is part of Zepto's strategy to stay ahead of competitors like Swiggy Instamart, Blinkit, Flipkart Minutes, and Tata BigBasket.

Before joining Zepto in April, Bagga worked for three years at Raymond Limited and spent over 24 years at Reliance Retail. With a career spanning more than 27 years, he has focused on supply chain management and related fields, which are key to Zepto's future plans. One of the main reasons for his departure is the challenge of relocating from Mumbai to Bengaluru, according to sources.

It’s unclear who will replace Bagga at Zepto, but it’s expected to be an internal candidate, as the company is currently slowing down on external hiring, according to another source.

About Zepto

Zepto, founded in July 2021 by Aadit Palicha and Kaivalya Vohra, delivers groceries and essentials in 10 minutes through dark stores. Starting with 300 stores this year, it has now grown to over 750, competing with Swiggy Instamart, Blinkit, Flipkart Minutes, and Tata BigBasket. 

Zepto is preparing for its planned IPO in 2025 and has hired Goldman Sachs, Morgan Stanley, and Axis Capital as its bankers. As part of its pre-IPO strategy, the company is increasing domestic shareholding and reducing foreign investor stakes, aiming to raise over $500 million from the public offering.

Funding News: Your Gateway to Every Funding Update.

Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges and achieving success.