Discover the journey of Deepinder Goyal, the entrepreneur behind Zomato, to amass a net worth of Rs 8,300 crore. A glimpse into his opulent home, fancy cars, and career
Deepinder Goyal’s rise from Senior Associate Consultant to billion-dollar firm creator and CEO is evidence of his commercial ability and entrepreneurial zeal. Goyal is an inspiration to budding businesspeople everywhere in the world as he builds his empire.
With the ascent of Deepinder Goyal, the founder and CEO of a well-known food delivery business, the number of billionaires in India has climbed by one. With an astounding net worth of more than Rs 8,300 Crore, Goyal has become the wealthiest person in the nation and the richest professional manager in India. Remarkably, Goyal was also a judge on Shark Tank Season Three, a highly regarded television program. Everything you need to know about the newest billionaire in India is provided here.
The Rise of Deepinder Goyal: Founder and CEO of Zomato
One of the most well-known meal delivery businesses in India, Zomato, was co-founded by Deepinder Goyal, who also serves as CEO and founder of the company. Following a record high in the company’s shares—which had increased by more than 300% since the low point in July 2023—Goyal became a billionaire. On the BSE, the stock hit a fresh high of Rs 230, and its market capitalization surpassed Rs 1.8 trillion. With a net worth of more than Rs 8,300 crore, Goyal has become the richest professional manager in India and the newest billionaire, owning 36.95 crore shares, or 4.24% of the company.
The Role of Blinkit in Zomato’s Success
A Goldman Sachs research claims that one of the primary factors behind Zomato’s stock surge is the company’s quick expansion. Blinkit was purchased by Zomato in 2022 for $570 million (about Rs. 4,763 crore). At $13 billion (Rs 1 lakh crore), Blinkit’s indicated value has now overtaken even that of Zomato’s primary food delivery company.
The Genesis of ‘Foodiebay’, Later Renamed ‘Zomato’
Early Life and Education
Deepinder Goyal, who was born in Muktsar, Punjab, on January 26, 1983, finished school at DAV College in Chandigarh. After that, he enrolled at IIT Delhi to study computer science and mathematics. Goyal met Pankaj Chaddah, who would later co-found Zomato, when he was hired as a Senior Associate Consultant at Bain & Company following his graduation.
Founding Zomato
Goyal was motivated to simplify the meal delivery system by his love of food. Goyal and Chaddah started FoodieBay.com in 2008 while they were still working at Bain and Company. Foodiebay grew to become Delhi-NCR’s largest restaurant directory in just nine months. Soon after, investors including Info Edge India, Sequoia, Temasek, Vy Capital, and Ant Financial of Alibaba started contributing money to it. After being rebranded Zomato, the business obtained a revolutionary $200 million investment from Ant Financial, which helped it become a unicorn for the 2018–19 fiscal year. But in that same year, Chaddah quit the company.
Shark Tank Judge
On Shark Tank Season Three, which ran from January 22 to March 31, 2024, Goyal was one of the judges. Alongside Aman Gupta, Amit Jain, Anupam Mittal, Namita Thapar, Vineeta Singh, Peyush Bansal, Ritesh Agarwal, Azhar Iqubal, Radhika Gupta, Varun Dua, and Ronnie Screwvala, he served as a judge. These entrepreneurs are among the most successful in the nation.
Luxurious Properties
The 41-year-old Goyal is said to be the owner of a 5-acre property in Mehrauli Tehsil, New Delhi. He just got married to Grecia Munoz, a Mexican businesswoman. He also paid a total of Rs 79 crore to acquire two sizable land lots. He purchased the first 2.5-acre plot for Rs 29 crore in March 2023 and the second 2.5-acre tract for Rs 50 crore in September 2023, according to CRE Matrix.
