Six months after Deepinder Goyal, Founder of Zomato, did his first conference call for Info Edge investors, he has done another one. The reasons were remarkably different, and an indication of how quickly the mood can change in the digital space. The first call ("We have scale on our mind") was during the heady days of Zomato's Urbanspoon acquisition in the US, with investors expecting aggression; this one appeared to be to allay investor concerns in the aftermath of a turbulent time for online food ordering companies in India (FoodPanda, TinyOwl), with some of the issues being faced by Zomato's competitors being reflected on them: the exact opposite of reflected glory. Issues that Goyal had to address were around the layoffs the company has announced in the US, the rollback of its Cashless business, the reaction in the US to…
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