Zomato IPO Update : Zomato elevates former CFO Akriti Chopra as co-founder, chief people officer
As reported by Financial Express, Zomato has elevated former chief financial officer (CFO) Akriti Chopra to the position of co-founder in the run up to its $1.1-billion initial public offering (IPO), founder & CEO Deepinder Goyal informed employees on Wednesday. FE has reviewed a copy of the email. According to her Linked In profile, Chopra has been working with Zomato for close to 10 years and has served as the CFO from April 2019 to October 2020. Akshant Goyal took over the role of the new CFO starting November 2020.Chopra has also been appointed as the new chief people officer.
“She’s mostly been behind the scenes all these years, working hard and building an impeccable finance team which keeps our engines running 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) overthe last few months as we prepared ourselves for our IPO,’’Goyal said in the mail." ..and nowin her new role as our chief people officer, she is trying to instil hervalues in all of us. We would all do well to leam from her, and be like her,” Goyal added.
In late April, Zomato filed the draft red herring prospectus with capital markets regulator Sebi.The company’s IPO includes a fresh issue worth Rs 7,500 crore and a Rs 750-crore offer for sale by existing shareholder Info Edge.