Mudit Khosla, CEO of ibibo Group-owned Tradus.com, has quit the company, days after the platform pivoted from a location-based mobile marketplace to a â€‹fresh food & grocery e-tailer, according to a Medianama report quoting ibibo Group's CEO Ashish Kashyap.
Khosla joined Tradus in February last year. Previously, he was CEO of Seventymm Services Pvt Ltd. He was also a founding member of the online travel agency (OTA) Yatra.com. Before that, he was business head of Indiatimes.com.
Khosla holds a MBA degree in Marketing and a BE in Mechanical Engineering.
Tradus.com enables local real-world retailers and sellers to transact with buyers in the same location and offers same-day delivery to local buyers. Presently, it offers products in nine categories including grocery & food, home provision & breakfast, dairy, poultry & frozen, sweet & confectioneries, groceries & staples, fruits & vegetables, dry fruits, and beverages in cities like Mumbai, Delhi and Bangalore.
Tradus had first added the groceries vertical to its site about four months ago, with groceries sourced from local sellers in Delhi. At the time, users could purchase various groceries including dal, rice, sugar, tea, and dry fruits, via the company's mobile apps on the Android, iOS and Windows platforms.
Earlier, the site was selling various products including gadgets and hand-crafted jewellery. The site also allowed users to list products for free and charged a commission based on the type of item for products sold through it.
Tradus is mainly competing with BigBasket.com, Greencartin, LocalBanya and Ekstop.