Zomato Appoints Akriti Chopra As Cofounder Before Issuing IPO

Zomato has appointed Akriti Chopra as a cofounder, as the company plans a $1.1 billion IPO later this year. Akriti Chopra also holds the position of Chief People Officer.
 
As per news source, Zomato Founder and CEO Deepinder Goyal said that Akriti Chopra has “mostly been behind the scenes all these years, working hard and building an impeccable finance team which keeps the company engines run flawlessly.
 
“The quality of her work, her work ethic, and the insane ownership of the team she’s built, all shone very brightly (and continues to) over the last few months as we prepared ourselves our IPO,” said Deepinder Goyal.
 
Akriti Chopra held the position of the CFO till about late last year and left the position as the company firmed up its IPO plans. Now, Zomato has assigned Akshant Goyal as the new CFO.
 
Zomato appointed Akriti as its CFO in November 2019. She helped build the company’s in-house legal, governance, risk, and compliance teams. She was also part of the global growth and international operations teams at the company.
 
Towards the end of April, Zomato filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi), proposing an initial public offering (IPO) of Rs 8,250 crore.
 
In line with this, the foodtech company said it will be issuing fresh equity shares worth Rs 7,500 crore. Zomato’s early backer Info Edge India Ltd will also be selling its stake worth Rs 750 crore in the upcoming public offering.