General counsel | Zomato
Damini Bhalla
General counsel | Zomato
What are some of the most significant cases or transactions you have worked on recently?
Through my professional journey, I have been the lead counsel on several Indian and cross-border transactions. Yet, Zomato’s listing involved dealing with several legal nuances under SEBI listing regulations, which was interesting. Additionally, my team and I worked round-the-clock on all aspects of the Prospectus with various internal and external stakeholders to make the Zomato listing possible in record time.
With all these efforts and more, Zomato achieved the unique feat of being the first Indian unicorn to be listed on the stock exchanges. The success of Zomato’s listing has paved the way for other Indian start-ups working in e-commerce, digital economy and technology space and provided them with the necessary impetus to explore listing in India to scale their businesses further.
Over the last year, supported by external counsel, the Zomato legal team has been instrumental in risk-based assessment and implementation of the acquisition of Blinkit, formerly Grofers, as well as minority investments in Mukunda foods, Urbanpiper, Adonmo, Curefit, Shiprocket and Magicpin.
What is a cause, business or otherwise, you are passionate about and why?
Beyond my personal pursuits, I am involved in Zomato’s philanthropy and social service initiatives, such as fundraising for Feeding India, a collaborative initiative between Zomato and Hunger Heroes, an independent not-for-profit organisation.
During the second wave of Covid-19, Feeding India was one of the first to act by sourcing over 9,000 oxygen concentrators and distributing them for free to government hospitals across the country. In addition to the regular work for Feeding India, my team and I were involved in strategising the distribution of oxygen concentrators during pandemic times. The team regularly assists with legal advice and work for the Feeding India initiative.
General counsel | Zomato
General counsel | Zomato
Spotlight on… Damini has extensive experience of over 18 years, specialising in private equity, M&A, joint ventures, and corporate advisory. She also has expertise in advising on corporate commercial arrangements...