Deepinder Goyal, the co-founder and CEO of food delivery service Zomato and its parent Eternal, is stepping down from his role and handing the top job to Albinder Dhindsa, the CEO of its quick-commerce division Blinkit. Goyal on Wednesday said he would remain on Eternal's board as vice chairman as he shifts focus to "higher-risk exploration and experimentation," which he says may be harder to pursue within the constraints of a listed company.
Chowdeck, a Lagos-based food delivery startup that has stayed profitable in a notoriously tough and low-margin market, has raised $9 million in Series A funding to launch a quick commerce strategy and expand into more cities in Nigeria and Ghana.