Investors and stakeholders are alarmed after Zomato, India's top food tech startup, revealed a startling 57% decline in net profit for the December quarter. Costs are soaring as a result of the company's aggressive foray into quick commerce through Blinkit, while its primary food delivery operation is being strained by a "broad-based demand slowdown." There are concerns about whether Zomato's expansion strategy can be sustained if shares fall and founder Deepinder Goyal's wealth decreases.