Zomato names Akshant Goyal as new Chief Financial Officer

Food delivery app Zomato has named Akshant Goyal as its new chief financial officer, with incumbent Akriti Chopra moving into a new role.

Goyal is the third company executive to hold the finance portfolio in the last two years. He was previously the head of corporate development at the Gurugram-headquartered online food delivery company. Chopra will now head people development, a Zomato spokesperson said.

Zomato has been valued at $3 billion as part of its ongoing $600 million funding round.


Goyal, who has been with Zomato for about four years, has played a critical role in the company’s fundraising efforts.

Prior to joining Zomato, the IIM-Bangalore and Delhi College of Engineering alum was the co-founder and CFO of PinCap, a fintech firm that helped SMEs secure short-term loans.

He has also been an investment banker with Kotak Mahindra Bank for more than seven years.

Chopra, a veteran at the company that saw significant leadership churn over the last few years, was appointed CFO in April last year after its previous chief financial officer, Sameer Maheshwary, resigned after having spent less than six months in the role.

Chopra, who was previously with PwC, joined Zomato in November 2011, initially as part of its finance team where she established and scaled business finance functions across all its verticals.

The Lady Shri Ram College graduate, who is also a qualified chartered accountant, has played a key role in building the company’s in-house legal, governance, risk and compliance teams, the company spokesperson told ET.

She has also been instrumental in Zomato’s multiple fund-raises and acquisitions as well in setting up its international presence as part of the global growth and international operations teams.

More recently, Zomato has also engaged with investment banks to kick off its initial public offering (IPO) process, sources told ET.

Deepinder Goyal, its cofounder and chief executive, last month said the company was on course to go public by mid next year.