Since I was on the board of Urban Company, I thought it was the right thing for me to step away given we were exploring this space: Zomato CEO
Deepinder Goyal had been appointed to Urban Company’s board on March 15 last year and he stepped down from his post on February 15 this year
Reports of Blinkit looking to enter the at-home and handyman services segment first broke early in March this year
In a note to shareholders on Friday (May 19), Zomato CEO Deepinder Goyal said that his move to exit the board of Urban Company was right as the foodtech company is looking to enter the at-home services space via its quick commerce vertical Blinkit.
“Since I was on the board of Urban Company, I thought it was the right thing for me to step away given we were exploring this space. If at all we end up competing with Urban Company at a large scale, we know we are up against a formidable team and a very high-quality business,” said Goyal.