Zomato

Zomato's Investments Game: Stain on Governance

Forensic Accounting
185 Views, 20 Jan 2022 22:06
EXECUTIVE SUMMARY
  • Zomato (ZOMATO IN) had made total investments of $275 million in the year 2021 across 4 different companies.
  • The investments made by the company have and may further lead to controversies as it showed poor patterns of governance practices.
  • We highlight these issues pertaining to two of these investments viz. Grofers and Shiprocket.
detail (3-minute read)
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Nitin Mangal
Indian Accounting Research Analyst
India Independent Insight
IndiaEquitiesESGForensic Accounting

Nitin is a SEBI registered Research Analyst with more than 10 years of experience in Indian equities. He is Pioneer of C... 

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