Zomato appoints Akriti Chopra as CFO

Gurugram headquartered restaurant aggregator and food delivery company Zomato has appointed Akriti Chopra as chief financial officer (CFO). She takes over from former CFO Sameer Maheshwary who left the company in December 2018 after a six-month stint.

The development was first reported by The Economic Times.

Chopra, who has been with the company for eight years, took over as CFO in April, confirmed a company spokesperson. In her previous role at the company, she served as vice president of finance and operations. An alumnus of Lady Sri Ram College for Women  and The Institute of Chartered Accountants of India, Chopra previously worked with consulting firm PwC.

"Akriti has been building our finance and legal teams for more than eight years now. Her analytical bent of mind, high level of ownership and moral authority makes her a great fit for a CFO role at Zomato," said Zomato CEO Deepinder Goyal in a statement shared by the company.

The appointment comes at a time when Zomato is reportedly in talks to raise around $600 million from existing investors, led by Alibaba Group affiliated Ant Financial. 

The company has been facing headwinds for its flagship program Zomato Gold with restaurant associations boycotting the subscription which gives customers free food and beverage offers.