India

Meet India's newest billionaire, CEO of Rs 199000 crore company...

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Meet Deepinder Goyal

Deepinder Goyal is the co-founder and CEO of Zomato. Once started as a startup now is a 2 trillion USD company making Deepinder Goyal India's newest billionaire. 

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Newest billionaire of India

The delivery service, Zomato reached the market capitalization of 2 trillion USD on Monday. As per Forbes the 41-year-old has a net worth of $1.4 billion or Rs 11700 crore. 

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Deepinder Goyal's entrepreneurial joureny

Deepinder graduated from IIT Delhi and co-founded Zomato with Pankaj Chaddah. It was first called Foodiebay. It was renamed Zomato in 2010. 

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Achieving success

Zomato became a unicorn in 2018-19. Pankaj Chaddah left the company around the same time. In 2021, Zomato launched its IPO and in 2022 Zomato bought Blinkit. 

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Deepinder Goyal's stakes in Zomato

Deepinder is currently serving as the CEO of Zomato and owns a 4.24% stake in the company or Rs 36.95 crore. 

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Increased platform fee

Zomato has increased its platform fee from Rs 5 to Rs 6 in cities including Mumbai, Bengaluru, and Delhi. Its competitor Swiggy has also implemented the same as of Sunday. 

Image credits: Twitter
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