When the CEO of Indian delivery app Zomato advertised for a chief of staff on social media, it came with two large caveats.

Deepinder Goyal was trolled due to the unusual terms of the job offer - no salary for the first year and a hefty Rs 20 lakh fee required from candidates.

Zomato CEO Deepinder Goyal's unusual job advertisement requiring a Rs 20 lakh donation to Feeding India sparked controversy and criticism on social media. Goyal clarified that the donation was not mandatory but a filter for entrepreneurial candidates.

Last month, the Zomato board approved a proposal to raise up to Rs 8,500 crore through a Qualified Institutions Placement (QIP). The company stated that the funds are intended to strengthen its balance sheet at this juncture, according to a filing.

Zomato had announced the plan to raise fresh capital last month - at a time when the rapidly growing quick commerce industry is becoming increasingly competitive and witnessing a flush of funds being infused into the sector.

Last month, the Zomato board approved raising up to ₹8,500 crore through a qualified institutions placement (QIP). The fundraising is meant to strengthen the balance sheet at th