Goyal also mentioned that he would be the last person to stop anyone from starting up on their own. “We need more entrepreneurs in our country, not less,” he added.
In his role, Rohit will drive the food delivery business and be responsible to develop strategies, drive growth and foster innovation, shared Swiggy in the release.
In an analyst call, Goyal said Zomato was already positive on cash flow with its adjusted EBITDA losses at Rs 150 crore and other income was Rs 170 crore in the first quarter of the ongoing fiscal.
With the support of Rebel Foods, which owns brands like Faasos and Behrouz Biryani, Zomoz has successfully established itself in 70 locations across 8 major cities, in the past six months.
They intend on using this funding for accelerating their growth and market expansion, reaching across 6 cities through 9+ dedicated central kitchen by the end of this financial year.
The department of consumer affairs directed e-commerce FBOs to transparently show consumers the breakup of all charges included in the order amount such as delivery charges, packaging charges, taxes, surge pricing etc.