Ant Group's nominee director Douglas Feigan steps down from Zomato board

Move is the latest in a string of top exits from the food aggregator; comes a week after Feigan stepped down from the board of Paytm parent One97 Communications

Douglas Feigan, Ant Group’s nominee on the board of restaurant aggregator Zomato, has resigned from his role as non-executive, non-independent director, the firm stated in a regulatory filing.

The announcement comes a week after Feigan stepped down from the board of Paytm parent One97 Communications.

"In recognition of the company’s growth as a publicly-listed company and the maturity of the business, at the request of the nominating shareholder, I hereby resign from my position as a director on the Board of Directors of Zomato," he said in his resignation letter.

The firm has recently had a string of high-profile exits.