Zomato’s capital allocation has puzzled many. Questions have been raised over its investments in Curefit, Shiprocket, Magicpin and, more recently, Blinkit. Zomato’s disregard for capital, governance, and investors, could reflect on technology companies which have listed or have plans to list. Can Zomato succeed despite all this?
India is in the middle of an incredible digital revolution. It is quite evident that technology has improved the quality of life for every person on the planet in a very significant way. And there is no going back. Even if you are not the most adept person in technology, you would have witnessed the power of technology in two areas — cab-hailing and food delivery. The idea is so simple and yet so powerful. Most important, these two daily use
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