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Zomato's global head - finance and CFO - Hyperpure Hemal Jain steps down
Hemal Jain's last working day will be on January 31, 2025.
In her past role, Hemal Jain led business finance (category finance, sales finance, supply chain finance), FP&A, central procurement, finance operations and business control & processes - for all the Zomato & Blinkit businesses along with the team of 130+ team members.
Zomato's global head of finance and chief financial officer of Hyperpure, Hemal Jain has stepped down from her position. As per a regulatory filing, she tendered her resignation on December 16 to explore other opportunities. Her last working day will be on January 31, 2025.
In early September, co-founder and chief people officer of Zomato, Akriti Chopra too stepped down after a 13 year long stint.
In Jain's past role, she led business finance (category finance, sales finance, supply chain finance), FP&A, central procurement, finance operations and business control & processes - for all the Zomato & Blinkit businesses along with the team of 130+ team members.
She handled the responsibilities for overall P&L management, revenue optimization, business strategy, performance management, finance operations, process controls & audit, fraud prevention & detection, and operational efficiency.
She spearheaded various initiatives focused on cost optimisation and profitability enhancement. She built a comprehensive and real-time Management Information System (MIS) for all businesses, facilitating quick decision-making and corrective actions. This included the establishment of daily city-wise protability analysis, store-wise P&L, customer level analysis, SKU wise/vendor wise insights etc.
She contributed to making Zomato IPO ready, playing a vital role in the core team for IPO preparation, documentation, and eventual listing. She also led finance for largest acquisition of Zomato - 'Blinkit' and its transition process.
Jain also implemented new platforms for overall finance operation automation, controls, efficiency, and transparency, including FP&A and P2P systems.
She began her career at Hindustan Unilever and was elevated to director - Center of Excellence and Operations CD (Sales), India and South Asia. Then, she joined a startup venture as co-founder, CFO and COO.
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