Zomato founder Deepinder Goyal along with his wife Grecia Munoz took on the role of delivery partner to get a first-hand experience of delivery partners’ challenges. Goyal said that malls need to be more ‘humane’ to delivery partners as he was told to take the stairs instead of lift. Gurugram’s Ambience Mall owner responds to Goyal. Watch!
8 Oct 2024Zomato CEO Deepinder Goyal bought a 15% stake in Goenchi, an artisanal feni brand for ₹2 crore In April this year on Shark Tank India. Yash and Tulika, who launched the brand are part of a new generation of alco-bev entrepreneurs that is changing the stereotypical image of the distiller in India. Here’s their story - and the story of others doing similar, amazing things!
25 Jun 2024Zomato just reported its first-ever profitable quarter making a huge recovery in its profit margins in the last year. Its total losses last year were to the tune of 185 crores. This unbelievable rebound garnered attention from Union Minister Rajeev Chandrashekhar who took to Twitter to congratulate the founder Deepinder Goyal. Although the profit made by the food delivery app is a measly 2 crore rupees. The news sent Zomato stock soaring its stock registered more than 20% in gains in last two days. These two events were enough to trigger a meme fest on Twitter now known as X. And some of these are hilarious. Watch.
4 Aug 2023An entrepreneur who uses the food delivery service Zomato recently published his experience on LinkedIn about how a delivery guy has disclosed a strategy to cheat and operate a scam that is causing Zomato to suffer significant financial losses. The scam is causing Zomato to lose a significant amount of money. Vinay Sati, in a post on LinkedIn, wrote that he got ‘goosebumps’ hearing the scam that is happening at Zomato. Zomato founder and CEO Deepinder Goyal in a reply to the man’s post wrote on the post, ‘Aware of this. Working to plug the loopholes’. Let us go into the specifics of how exactly this scam operates, as well as how Zomato is attempting to combat it.
31 Jan 2023Zomato CEO Deepinder Goyal said that there were ‘about 800 positions open across five roles’ within the company. The development incidentally comes two months after the company laid off around 3% of its workforce.
2 min read24 Jan 2023Zomato founder and CEO Deepinder Goyal in a reply to the man’s post said,’Aware of this. Working to plug the loopholes’
1 min read23 Jan 2023In FY19, the food aggregator unicorn reported a revenue of $192 million and a loss of $277 million
2 min read10 Jul 2020The company’s current cash burn is $15 million per monthZomato recently announced plans to raise up to $600 million in a new funding round
1 min read8 Dec 2019Founders at times get obsessed about increasing valuation rather than focusing on creating a proper business modelZomato, though, is expected to raise $500 - $600 in the next three to six months
2 min read7 Dec 2019The company is making all efforts to achieve its mission, ’Better Food for Everyone’, Deepinder addedOutside India, Zomato serves about another 25 million people, he added
1 min read6 Dec 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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