The trouble with Zomato's investments9 min read 20 Dec 2021, 11:49 PM IST
The food delivery company’s string of start-up investments raise questions.
Chief executive Deepinder Goyal made personal investments in startups that Zomato later invested in. Market watchers flagged corporate governance concerns.
BENGALURU : We don’t know how many Indians signed up for fitness classes in 2021, a year when the pandemic’s second wave ravaged both life and livelihood. Sporting arenas such as gyms were shut and operated with restricted capacity in most cities for many months. And yet, the valuation of six-year-old Fitso, a fitness app, galloped over six times in less than a year.
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