He also spoke about Zomato's still nascent grocery play, its $100 million investment in . Along with India, Zomato is available on more than 24 countries such as UAE, Sri Lanka, Qatar, UK, Indonesia and many more countries which serves more than 10,000 cities. In November 2021, the firm secured $25 million in Series B financing. Deepinder Goyal, CEO and Co-founder of Zomato said he exited his personal investment in e-commerce shipping platform Shiprocket before the food delivery firm led a growth round of funding into the . Zomato is planning to invest nearly $1 billion in startups in the next couple of years with a sizeable chunk reserved for quick commerce, its CEO Deepinder Goyal wrote in a blog post.Goyal also . Zomato offers restaurant information, menus, and user ratings, as well as food delivery from partner restaurants in a few cities. 26 January 1983. Deepinder Goyal and Pankaj Chaddah started Zomato, an Indian international restaurant aggregator and food delivery firm, in 2008. Ltd. 378.07 Edelweiss Financial . He also serves as a Board Member at Magicpin. Deepinder attended his higher education at the Indian Institute of Technology, Delhi. Zomato (/ z oʊ m ɑː t oʊ /) is an Indian multinational restaurant aggregator and food delivery company founded by Deepinder Goyal and Pankaj Chaddah in 2008. Grofers is run and operated by Grofers India Pvt Ltd, a subsidiary of Singapore-based Grofers International Pte Ltd. Last year, Blinkit had signed a deal with Zomato and Tiger Global to raise $120 million as a part of a fresh infusion. It . After Zomato's investment in Shiprocket this week, many claimed that given Zomato CEO Deepinder Goyal's stake, there's a conflict of interest. Binu Paul 9 Jun, 2021. Execution is the only thing under our control, says Deepinder Goyal, founder and chief executive of online delivery firm Zomato on a day when the . He belongs to a teacher family and is a very generous person, he is 39 years old in 2022. Deepinder Goyal (born: 26-01-1983) is the co-founder and CEO [1] Linkedin.com of one of the largest restaurant aggregator and food delivery service in India known as Zomato. Goyal completed his graduation from IIT Delhi back in 2005 with a . Park+ aims to bank on Zomato founders' ability to grow the tech-based startup in a traditionally asset-heavy industry and bring consumer satisfaction to the helm, Shiprocket, an e-commerce logistics startup, announced a $185 million funding round backed by food tech giant Zomato, Singaporean investment firm Temasek, and Lightrock India on Friday. Goyal was responding to a question from former Infosys director TV Mohandas Pai, who had posed the "conflict of interest" question . The latest deepinder-goyal articles from Investment Week - Page 1 11 Dec'21 4 min read. Deepinder Goyal was 26 January 1983 in Muktsar, Punjab, India. Deepinder Goyal: The Restaurant Information Company That Investors Can Take To The Bank. Zomato's first-day performance will serve as a barometer for India's budding tech scene of unprofitable unicorns, which has produced a coterie of up-and-coming giants from Ant Group Co.-backed Paytm to Walmart Inc.'s Flipkart Online Services Pvt. Zomato Founder and Chief Executive Deepinder Goyal have transferred all his shares in Blinkit's parent firm Grofers International to US investment firm liger Global, according to regulatory documents. Answer: Indian food tech unicorn Zomato has doubled its revenue from $192 million in FY19 to $394 million in FY20. The latest deepinder-goyal articles from Investment Week - Page 1 NSE and BSE listed Zomato has launched Zomato Wings, a platform to connect investors with restaurants. Date of Birth/Birthday. The round is in Goyal's personal capacity. The 11 Largest Global Startup Funding Rounds of August 2021. by Reza Chowdhury. Deepinder Goyal, the co-founder and CEO of Zomato, who started the firm in 2008 has managed to it to a market cap of Rs 1 trillion, ahead of many established companies in the country. It was at Bain . The Deepinder Goyal-led firm had already invested $100 million in e-grocer Grofers, $75 . 1st January, 2021 - Deepinder Goyal proudly announced about the highest ever ordering velocity recorded by Zomato on December 31, 2020 by receiving a record of 4,100 orders per minute on New Year's eve.. 1st January, 2021 - Deepinder Goyal hinted that Zomato, like other Indian startups, were reportedly eyeing the public markets in 2021. Zomato CEO Deepinder Goyal joins Urban Company as an independent director, along with the former partner at McKinsey & Co Ireena Vittal, co-founder of Helion. The success story of Deepinder Goyal- the Founder of Zomato : In India, the food delivery segment has been witnessing a rapid surge, especially in this pandemic situation. During his first media interview after Zomato's record-breaking IPO, cofounder and CEO Deepinder Goyal told us the company's stellar public listing was "beyond anyone's expectations" but that the company will continue to chase growth over profits. The firm is expected spend $1.275 billion or ₹ 9,700 crore on acquisitions until the end of . TMC Begins 2022 From Tripura, Abhishek Banerjee on 2-Day Visit to Meet Adivasi Community . Deal Value in $ mn; Q2 - 2019. Zomato's Deepinder Goyal has invested in Bengaluru-based parking solutions startup Park+. According to filings with Singapore's Accounting and Corporate Regulatory Authority (ACRA), Goyal transferred 42,371 preference shares to . Updated Dec 10, 2021, 4:52 PM IST. The trouble with Zomato's investments Premium Zomato founder and chief executive Deepinder Goyal. Zomato Inspired By Bad Pizza Order Placed By Founder Deepinder Goyal Now, investors get a taste of the fast-growing food delivery giant. January 25, 2022 / 08:08 PM IST. Deepinder Goyal was born on 26th January 1938, he is 39 and raised in the Punjab town of Muktsar. Goyal is also joined by his core team members at Zomato, who have also invested in Park+. Mckinsey's former . Zomato founder Deepinder Goyal on key priorities, investment plans, battle with Swiggy and biggest challenges This article is more than 2 year old. March 17, 2021. It was at Bain that Deepinder conceived the idea of an online restaurant information service after seeing the demand for menu cards among his colleagues. This brings the food delivery service more frequent and at PE Top Investment Banks Powered by. 'No conflict of interest', Deepinder Goyal says, on Zomato's investment in Shiprocket Zomato founder and chief executive Deepinder Goyal said he exited his personal investment in Shiprocket at zero profit before his company invested in the logistics startup as part of a larger funding round. He also serves as Board Advisor at BAce Capital & Unacademy. Deepinder Goyal was only to happy to receive money from one of India's biggest names in technology. Startups Former CFO Akriti Chopra becomes fifth co-founder at IPO-bound Zomato. Zomato provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities. Mumbai: Zomato founder and chief executive Deepinder Goyal said he exited his personal investment in Shiprocket at zero profit before his company invested in the logistics startup as part of a larger funding round. Noida-based Park+ said Goyal is also joined by his core team members at Zomato, who have also invested in the startup, founded in 2019 by Amit Lakhotia. He has invested in the startup venture like SquadStack, Bira 91, HyperTrack, TerraDo, etc. 0 894. Deepinder Goyal, Founder & CEO, Zomato, is the Founder and CEO of Zomato. He graduated from IIT Delhi back in 2005. The program is now available in 24 countries and over 10,000 cities as of 2019. His zodiac sign is Aquarius and follows the Hinduism religion. Blinkit entered the unicorn club last year after Zomato's $120 Mn investment. When the then Bain & Co consultant Deepinder Goyal began to notice the high demand from his colleagues for menu cards, the idea of Zomato was born. Deepinder Goyal Biography. And things moved quickly after that. Former partner at McKinsey & Co., Ireena Vittal, Helion co-founder Ashish Gupta and former chairman and . Deepinder Goyal, co-founder and chief executive of Zomato, has explored investment opportunities in his personal capacity as well as through the firm in at least over half a dozen startups in . The app is made for car users and was founded by Amit Lakhotia in 2019. The company has also seen its EBITDA loss has widened by 5.7% from $277 million in FY19 to $293 million in FY20. Zomato co-founder and CEO Deepinder Goyal on Tuesday shared a glimpse into its upcoming products- dietary supplements, health supplements, skin supplements, and other functional foods.. Deepinder Goyal Health & Dietary Supplements Market Invest India nutraceuticals Twitter Zomato. Deepinder Goyal Biography: Deepinder Goyal was born in Muktsar, Punjab, India. Late-night food delivery and cravings or getting any desired meal at any hour of the day has become a common phenomenon. 'The credit should go to the Zomato team and Deepinder Goyal. Zomato CEO Deepinder Goyal has invested an undisclosed amount in Park+, the super app for car users in India. Online food delivery firm Zomato's founder and CEO Deepinder Goyal along with three other industry leaders have joined the board of home service marketplace Urban Company as independent directors. Deepinder Goyal understands that keeping a backup plan is always a great idea to survive in the entrepreneur journey. Goyal is also joined by his core team members at Zomato, who have also invested in Park+. Prior to starting Zomato, Deepinder worked as a management consultant with Bain and Company in New Delhi. 1 lakh crore Made in India enterprise. Deepinder Goyal Biography He is from a middle-class family. Prior to starting Zomato, he worked as a management consultant with Bain and Company in New Delhi. true. Bengaluru: Zomato founder and chief executive Deepinder Goyal has invested in Park+, an app for car users. Deepinder Goyal born on 26-01-1983 is the co-founder and CEO of one of the largest restaurant aggregator and food delivery service known as Zomato. Deepinder Goyal, who is the Founder and CEO at Zomato, was also brought on board as Board of Director for Unacademy and Magicpin. He is on the Board of Directors at Samast Technologies Pvt Ltd. and Zomato Ltd. Mr. Goyal was previously employed as a Founder by Locodel Solutions Pvt Ltd. INDIA. According to filings with Singapore's Accounting and Corporate Regulatory Authority (ACRA), Goyal transferred 42,371 preference shares to Tiger . (Left)Deepinder Goyal, Founder and CEO, Zomato and Albinder Dhindsa, Founder, Blinkit Image: Amit Verma " Thirty is not quick. "The investment made by Deepinder in Park+ is a sign of confidence in our plans to . Blinkit cofounder Albinder Dhindsa later confirmed that the infusion was made at a valuation of more than $1 . Goyal is joined by members of his Zomato core team, who've also funded in Park+. Zomato CEO Deepinder Goyal has invested an undisclosed amount in Park+, the super app for car users in India. . Online food delivery firm Zomato's founder and CEO Deepinder Goyal along with three other industry leaders have joined the board of home service marketplace Urban Company as independent directors. Our skill lies in merely identifying great teams . Goyal had sold his Blinkit stake ahead of Zomato going public in July 2021. 461.41 KPMG India Pvt. Deepinder Goyal Biography. Deepinder is an investor in Unacademy and participated in the company's Series H fundraise in August. Deepinder Goyal invested $1.4M in Terra.do in August, 2019. Along with India, Zomato is available on more than 24 countries such as UAE, Sri Lanka, Qatar, UK, Indonesia and many more in more than 10,000 cities. Goyal first invested in Blinkit nearly six years ago. His reference was to Zomato founder Deepinder Goyal's investment in Shiprocket. Deepinder Goyal MD David J. Hass MD, FACG Pierre Hindy MD, FACG Syed M. Hussain MD Sameer Islam MD Srinivas Kalala MD, FACG Ashwani Kapoor MD Abraham R. Khan MD, FACG Brent W. Lacey MD David L. Limauro MD, FACG Ralph D. McKibbin MD, FACG Manoj K. Mehta MD Paresh P. Mehta MD Richard E. Moses DO, JD, FACG Richard L. Nemec MD, FACG Deepinder Goyal Story Deepinder Goyal - Latest News. Zomato also revealed that Deepinder Goyal, MD & CEO of Zomato, has an investment of $100,000 in Bace Fund LP, which picked up 13 percent in AdOnMo back in December 2019. Goyal started investing in the startups from 2015. The company was valued at around $810 million during its last round which was led by Temasek in March 2020. Deepinder Goyal is a well-known personality. The firm is expected spend $1.275 billion or ₹ 9,700 crore on acquisitions until the end of . "He got back to me by email within 24 hours, and we met in 48 hours," remembers Bhikchandhani. "While COVID-19 has impacted the size of our business, it has accele. The other co-founder Pankaj Chaddah had moved on from Zomato in 2018 to launch MindHouse, still commands a 1.75% stake in Zomato. Goyal in December exited his $100,000 personal investment in Shiprocket when Zomato co-led a $185 million round. Mumbai: Online home services marketplace Urban Company, formerly Urbanclap, has appointed four new independent board members, including Zomato founder and chief executive officer Deepinder Goyal. The other three are former partner at McKinsey & Co Ireena Vittal; cofounder of Helion Ventures Ashish Gupta; and former chairman and senior partner of PwC India Shyamal Mukherjee. Deepinder Goyal Personal Life Info & More. Deepinder Goyal, Zomato's co-founder and chief executive officer is the biggest individual stakeholder in the company, controlling a 7.7% stake worth nearly $245.2 million. Zomato IPO: What Deepinder Goyal foodtech unicorn's listing means for Indian startup ecosystem, investors. 10 is quick," Deepinder Goyal asserts in the blink of an eye. Deepinder goyal led: Live Updates : Vimarsana.com Zomato New Food Quality Policy Prompts Restaurant Worries Food delivery platform Zomato has reportedly introduced a new food quality policy to ensure a safe and healthy experience for customers. Zomato Founder and Chief Executive Deepinder Goyal have transferred all his shares in Blinkit's parent firm Grofers International to US investment firm liger Global, according to regulatory documents. Mr. Deepinder Goyal is an Independent Director at Samast Technologies Pvt Ltd. and a Chief Executive Officer, Director & MD at Zomato Ltd. Deepinder Goyal. Inc42 Staff. Deepinder Goyal, Founder & CEO, Zomato, is the Founder and CEO of Zomato. In responding to a question raised by former Infosys director TV Mohandas Pai, Goyal put out a statement on Twitter, saying: "There was no conflict of interest to begin with. Deepinder Goyal Edtech startup Unacademy appointed Deepinder Goyal, Founder & CEO, Zomato on the company's Board of Directors. 577.71 Ernst and Young LLP. — Deepinder Goyal (@deepigoyal) July 14, 2021 He can be forgiven for an attack of nerves. According to Grofers International's filings with Singapore's Accounting and Corporate Regulatory Authority, Goyal has transferred 42,371 preference shares to Tiger Global's Internet Fund III . As of 2019, the service is available in 24 countries and in more than 10,000 cities. Commenting on the development, Gaurav Munjal, Co-Founder & CEO, Unacademy Group said, "Deepinder has been an advisor for several years and… Chairman of Manipal Global Education Services Mohandas Pai and Zomato founder and CEO Deepinder Goyal had a spat over Zomato's investment in e-commerce . Bijnis announced today that it has concluded the second round that saw Marquee business operators like Deepinder Goyal, Cofounder Zomato, Asish Mohapatra, Founder, Offbusiness, Sarbvir Singh, CEO PolicyBazaar, Manish Vij, Co-Founder, Smile group purchased shares from existing early investors. — Deepinder Goyal (@deepigoyal) July 14, 2021 Investors are closely watching the offering, which will give some insight into the market's appetite for Indian startups. Some of the core colleagues of Goyal at Zomato also have invested in the Park+ app. Deepinder graduated from IIT Delhi in 2005 with a degree in Mathematics and Computing and is from Muktsar in Punjab. 0. This is the story of a small gesture done for friends by these Super Hero's, "Deepinder Goyal & Pankaj Chaddah - co-founders of Zomato.com" which gave birth to a new era of success of two unknown boys who began their journey with an unnoticeable viewer base of a few friends and colleagues and a list of 1,200 restaurants around Delhi NCR in their kitty that managed to go on to make a . [2] Zomato.com He and Pankaj Chaddah together . According to Fintrackr's estimates, Curefit has raised fresh funds at a $1.56 billion valuation. Zomato's Deepinder Goyal joins magicpin board; Upstox hires CTO. Deepinder Goyal — the founder and chief executive officer (CEO) of restaurant aggregator business Zomato — has joined the board of Urban Company as an independent director. Goyal, however, quickly countered the charge, pointing out that he had exited his personal investment of $100,000 in . Age (as in 2021) Mohandas Pai, Deepinder Goyal spat over Zomato's investment in Shiprocket Business Today Desk. It was while still working at Bain that in . 10-12-2021. Former partner at McKinsey & Co., Ireena Vittal, Helion co-founder Ashish Gupta and former chairman and . By Shereen Bhan | Jun 07, 2019, 05:31 PM IST (Updated) The startup soared more than 80% in its Friday debut . Back then in its infancy, the company was known as Foodiebay. "We shook hands (for a deal) in 72 hours," he says. — Deepinder Goyal (@deepigoyal) July 23, 2021 Indeed, that same deadly combination of hunger and humility will, no doubt, continue to be the hallmark of Deepinder's story — as he moves from being the CEO of India's first tech unicorn, to IPO, to helming a Rs. Zomato CEO Deepinder Goyal Zomato founder and chief executive Deepinder Goyal said on Friday that he pulled out of his personal investment in Shiprocket at zero profit before his company invested in the logistics startup as part of a larger funding round. Goyal was . Deepinder Goyal has exited Shiprocket as an angel investor with zero profit before his company Zomato which is now a publicly listed firm could invest, he said on micro blogging site Twitter on . Supriya Roy 19 Jul, 2021. Deepinder Goyal, founder and CEO of Zomato Twitter/Deepinder Goyal Zomato made its first investment in Blinkit (formerly Grofers ) in 2021, whereas Goyal has been an investor since 2015. Zomato founder Deepinder Goyal has sold . Zomato shares were finally listed on the National Stock Exchange (NSE) on July 23, opening at Rs 116 apiece. Explain? Deepinder Goyal, online food aggregator and delivery platform Zomato's Co-founder and Chief Executive Officer, has sold his personal stake in Blinkit, formerly known as Grofers, to Tiger Global Management. In an email to employees earlier today, Zomato co-founder and chief executive Deepinder Goyal said the startup had about $250 million cash in the bank and several more "big name" investors . Prior to starting Zomato, Deepinder worked as a management consultant with Bain and Company in New Delhi. Priyanka Sahay. Deepinder Goyal, founder and chief executive officer of Zomato, has made an investment in the Park+ app. In his first interview since the landmark IPO, Zomato founder and CEO Deepinder Goyal spoke on a range of themes, including the IPO, competition, company culture, tackling mental health challenges . The 12-year-old startup — backed by Info Edge, Tiger Global, Ant Financial, etc., and . He spotted Zomato early and made an investment of $1 million as seed funding in 2010. In a blog, Deepinder Goyal, Founder and CEO of Zomato, said that "Zomato . Amit Lakhotia Founder and CEO of Park+ stated that Deepinder's investment in Park+ is a statement of trust in aspirations to develop and establish an ecosystem for automobile owners in India. Baillie Gifford, Bank of China, Bank of China Group Investment, Base 10 Ventures, Battery Ventures, Bhavin Turakhia, Bilibili, . Deepinder Goyal, Zomato's founder, and CEO in a company blog on Wednesday wrote, "We plan to deploy another $1 billion over the next 1-2 years, with a large chunk of it likely to go into the quick-commerce space." He added his firm is in touch with a handful of restaurant point-of-sale (POS) players, as well as e-vehicle fleet providers, among others, to assess investments in these . Deepinders investment in Park+ is a sign of confidence in our plans to grow and build . The trouble with Zomato's investments Premium Zomato founder and chief executive Deepinder Goyal. 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