Rohit Chadda

Rohit Chadda (born 26 August 1982) is the CEO for the digital business at Zee group (Zee Entertainment, Zee Media and DNA).[1] He is an investment banker and entrepreneur and was the co-founder of online food ordering platform foodpanda.[2][3] He is also the founder of omni-channel payments platform PayLo.[4][5]

Rohit Chadda
Rohit Chadda
Born (1982-08-26) 26 August 1982
India
NationalityIndian
Alma materIndian Institute of Management Calcutta, Delhi Technological University
OccupationEntrepreneur, Investment Banker, CEO
TitleCo-founder, foodpanda & Founder, Paylo
Websiterohitchadda.com

Education and early career

Chadda graduated from Delhi Technological University (formerly Delhi College of Engineering)[6][7] with a degree in computer engineering and worked as a software engineer for Computer Sciences Corporation.[6] In 2007 he joined Indian Institute of Management Calcutta to do his MBA after which he worked at Merrill Lynch as an Investment Banker in United Kingdom. He took an internal transfer to India in 2011.[2][8]

Career

Foodpanda

Chadda began his career in 2012 when he co-founded foodpanda.[9] foodpanda expanded to around 40 countries before being bought by Delivery Hero.[1] Before foodpanda got popular, he joked that he delivered pizza for a living.[9] foodpanda had raised a total investment of over US$100 million till August 2014.[10][11]

Chadda in the middle of 2015 stepped down from day-to-day responsibilities at Foodpanda and was no longer a managing director.[12] In 2020, LiveMint published allegations that Rohit Chadda had awarded a call centre contract with foodpanda to a company with connections to his family members, which Chadda denied.[13]

Paylo

In 2015, he launched a multi-channel offline payments platform PayLo which acquired the in-restaurant payments app Ruplee in March 2016 for an undisclosed sum.[4][5][14] PayLo was successful in the wake of demonetisation in India and expanded pan-India before being acquired by Immortal Technologies.[1] Chadda believes that execution is more important than the idea to make a startup successful and the key challenge for experienced professionals to work in a startup environment is to unlearn what they have previously learned.[15][16][17] PayLo acquired Ruplee before being itself acquired by Immortal Technologies.[8]

Zee Group

In July 2, 2019, he was named CEO of digital publishing of Zee Group. He was given the direct oversight of the "news digital content team, product team and technology team." Since 2017, he had led global product and strategy for Zee Group.[18]

Investing and speaking

Chadda is a mentor at Esselerator, a Startup accelerator by Subhash Chandra Foundation. Esselerator is an initiative by Subhash Chandra, a billionaire Media baron, to promote and support tech entrepreneurs in domains like Media, Fintech and Education. Its powered by TiE Mumbai.[19] Chadda is an angel investor in the online school aggregator platform SchoolForSure.com.[20][21] In 2019, he spoke at DPS to students on starting a business. At the time he remained CEO of Zee group's digital business division.[22]

Award and recognitions
  • Aditya Birla Award for Business Leadership 2007-08, 2008-09[23]
  • Professional Entrepreneur of the Year 2014[24]
  • Young Food & Grocery Professional of the Year 2014[25]
  • Fortune 40 under 40 most influential business leaders list 2015[26]
  • Top 25 Most Talented Ecommerce Professionals in India 2015[27]
  • Young Entrepreneur of the Year 2016[28]
  • Exemplary Achievement in Corporate World 2020[29]

References
  1. Bureau, Adgully. "ZEE Group appoints Rohit Chadda to the role of CEO - Digital Publishing". www.adgully.com. Retrieved 20 July 2019.
  2. "Taking the plunge - Bangalore Mirror". Retrieved 27 July 2016.
  3. "I love the As - my Audi, Apple gadgets and Asics shoes: Rohit Chadda, MD and Co-founder, Foodpanda.in - The Financial Express". The Financial Express. 12 January 2015. Retrieved 27 July 2016.
  4. Poovanna, Sharan (22 March 2016). "Payments platform Paylo buys Ruplee". Retrieved 27 July 2016.
  5. "Paylo.in acquires in-restaurant payment app Ruplee". Retrieved 27 July 2016.
  6. "Rohit Chadda | LinkedIn". in.linkedin.com. Retrieved 27 July 2016.
  7. Lamba, Prerna (12 September 2019). "A World-Class Centre Of Excellence". Business World. Retrieved 5 June 2020.
  8. Chadda, Rohit (5 June 2020). "Who is Rohit Chadda?". Rohit Chadda. Retrieved 5 June 2020.
  9. Sarkar, John (3 April 2015). "Braving parents & in-laws". Times of India. Retrieved 16 May 2018.
  10. "SmartCEO - Magazine - Starting Up - Hello, food!". www.thesmartceo.in. Retrieved 27 July 2016.
  11. "FoodPanda raises $60 mn in a new round of funding - Times of India". Retrieved 27 July 2016.
  12. Gooptu, Biswarup (30 December 2015). "Foodpanda India lays off more than 300 of its employees". Economic Times. India. Retrieved 5 June 2020.
  13. Mishra, Ashish K. (9 January 2020). "The link between Capricorn eServe and former Foodpanda MD Rohit Chadda". LiveMint. Retrieved 5 June 2020.
  14. "Money on the move - The Financial Express". The Financial Express. 17 April 2016. Retrieved 27 July 2016.
  15. "Startup mantras from entrepreneurs like NR Narayana Murthy, Richard Branson, Kunal Bahl and others". Retrieved 27 July 2016.
  16. Chaturvedi, Pooja (11 January 2015). "The office is shifting". Retrieved 27 July 2016.
  17. "The Net Neutrality debate: Paytm and FoodPanda co-founders elaborate". The Financial Express. 28 April 2015. Retrieved 16 May 2018.
  18. "Zee Group appoints Rohit Chadda as CEO-Digital Publishing". BestMediaInfo. 2 July 2019. Retrieved 5 June 2020.
  19. "Entrepreneurship". subhashchandrafoundation.org.
  20. "Online School Aggregator Platform SchoolForSure.com Raises Funding Led by Rohit Chadda". Business Standard. 26 January 2017.
  21. "SchoolForSure.com | Crunchbase". Crunchbase. Retrieved 23 June 2018.
  22. "Scholar badges given at DPS, Vasant Kunj". Hindustan Times. 2019. Retrieved 5 June 2020.
  23. "VC Circle Profile".
  24. "Entrepreneur India Awards".
  25. "CMO ASIA Awards". www.cmoasia.org. Retrieved 27 April 2016.
  26. "Fortune 40 under 40".
  27. "Asia Retail Congress Awards". www.asiaretailcongress.com. Retrieved 27 April 2016.
  28. "Rohit Chadda LinkedIn".
  29. "IIM Rohtak organises marathon for peace and unity". Zee News. 20 January 2020. Retrieved 10 February 2020.
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