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Zomato: IPO-bound Zomato adds four independent women directors

Synopsis Cofounder Deepinder Goyal said this decision was part of broader efforts by Zomato to make the company more inclusive and diverse ETtech IPO-bound food-delivery firm Zomato has added five new independent members on its board, four of whom are women, as it prepares to go make its public market debut soon. In a blog post, published on Friday, Zomato’s cofounder & CEO, Deepinder Goyal, said, “And up until now, we had a largely investor run board. But today, I’m elated to share that we have five independent members on our board of eight people, four of whom are women. More than gender diversity though, what we have always been gunning for is cognitive diversity across levels in our organisation. Evidence based research shows that a key prerequisite for innovation comes from cognitively diverse people.”

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