We had little visibility on profits while going public: Zomato CFO

Zomato CFO Akshant Goyal said the food delivery platform was "a loss-making business with very little visibility on profitability" when it launched its IPO. "That's how we sold our IPO to public market investors...they were...okay with the profile of our business," he stated. He added that going public was an unplanned move and was decided "over a lunch break".