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HomeNewsIndustryZomato co-founder Deepinder Goyal joins Magicpin board as independent director

Zomato co-founder Deepinder Goyal joins Magicpin board as independent director

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Magicpin is founded by Anshoo Sharma and Brij Bhushan in 2016, Magicpin connects hyperlocal merchants and brands with consumers

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After a stupendous show at the stock market last week, on Monday announced that the company's co-founder and chief executive, , has joined the board of as an independent director.

“We are excited about Deepinder joining our board. He brings a wealth of experience from scaling up Zomato into the tech giant it is today. We are looking forward to his guidance and mentorship as we step into our next phase of growth,” Magicpin CEO said.

Expressing happiness over joining the Magicpin board, Goyal said, “I am delighted to join the Magicpin board. They are a high-quality team and I am excited about how they are being a driver of growth for local merchants across categories. I am looking forward to contributing to the company's success.”

With this now the Magicpin board includes Bejul Somaia, MD of Lightspeed Venture Partners, Vivek Gambhir, CEO of Boat Lifestyle and Manish Kheterpal, MD at Waterbridge Ventures.

The company was founded by Anshoo Sharma and Brij Bhushan in 2016, Magicpin connects hyperlocal merchants and brands with consumers. It is backed by Lightspeed Venture Partners, Waterbridge and Samsung Electronics Co. Ltd.

The company at present has over 1.5 lakh merchants on the platform, serving 50 lakh consumers across 50 cities. Magicpin is already driving over $1 billion in annual revenue for its existing partners and continues to grow at a rapid pace.

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Tech Observer Desk
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
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