Jitendra Bagga, Vice-President of Central Operations at Zepto, has resigned from his role after a nine-month tenure.
Bagga was a key player in managing Zepto’s logistics operations, including mother hubs (MH) and line haul (LH), which form the backbone of the company’s warehousing and delivery system.
Bagga joined Zepto in April 2024, bringing over 27 years of experience in supply chain management. His career includes senior positions at Reliance Retail and Raymond Limited.
During his time at Zepto, he oversaw significant operational milestones, such as the expansion of its dark store network from 300 to over 750, enabling the company to strengthen its presence amid competition from Swiggy Instamart, Blinkit, and BigBasket.
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His departure is part of a broader wave of leadership exits at Zepto. Chief Human Resource Officer (CHRO) Martin Dinesh Gomez left earlier this month after an 11-month tenure. Other senior leaders, including Viral Jhaveri (Chief Business Officer), Ashish Shah (Senior VP of Finance), and Manik Oberoi (VP of Growth), have also exited the company this year.
Zepto is currently gearing up for a planned IPO in 2025, with Goldman Sachs, Morgan Stanley, and Axis Capital as its chosen bankers.
The company aims to raise over $500 million through the public offering.
It is also working to increase domestic ownership and reduce foreign investor stakes as part of its IPO preparations.
