Why Deepinder Goyal went ahead with Zomato-Blinkit deal

NEW DELHI: While reporting its quarterly earnings, Zomato’s MD and CEO Deepinder Goyal on Monday tried to address the criticism his company received over the Blinkit deal.

In a filing to BSE, he said the objective of good corporate governance is to protect the rights of minority shareholders and that the ultimate test of corporate governance for Blinkit transaction was the requirement of approval from at least 75 per cent of its voting shareholder base.