35 Interesting Facts About Zomato CEO- Deepinder Goyal!
Discovering untold facts about Deepinder Goyal, the founder of Zomato, as we delve into his lesser-known school journey and unveil the truths behind his academic grace and his startup. Explore the intriguing story that shaped this iconic entrepreneur’s path to success.
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Deepinder Goyal failed in the 5th class: Zomato Owner biography
- Deepinder Goyal, born in 1983, faced academic challenges in his school years, notably failing in the 5th grade.
- His father intervened, seeking grace marks to secure his son’s progression through the education system.
- A pivotal moment occurred in the 8th grade when Deepinder, utilizing unconventional methods, achieved a 3rd division, earning familial respect and love.
- This experience shaped his philosophy, emphasizing a meaningful and enjoyable life over academic achievements.
- Deepinder’s life values prioritized contentment over wealth, leading him to avoid the pursuit of money and ostentation.
- His preference for a natural lifestyle and resilience became foundational elements in his life narrative.
Deepinder Goyal was not sure about his NEET exam
- In an interview, Deepinder Goyal said that he was not sure about his attempt for the NEET exam and even though he didn’t study so much for that but,
- Surprisingly, with minimal exam preparation, Deepinder cracked the NEET exam, attributing his success to a pressure-free mindset and effective study techniques.
- Graduating in Computer Science from IIT Delhi in 2004 marked an educational milestone, showcasing his resilience and commitment to a balanced life.
Deepinder Goyal has a stammering issue while speaking
- Deepinder Goyal has grappled with a stammering problem since childhood, seeking medical care, yet the issue persists.
- Despite ongoing challenges, he continues to stammer while speaking, acknowledging hesitations in communication.
- Deepinder remains unfazed, choosing not to overly focus on his stammering, prioritizing a natural life guided by his beliefs.
- His steadfast belief in embracing life as a gift from God underscores his resilience in the face of personal challenges.
Zomato CEO marriage:-
- Zomato CEO Deepinder Goyal is reportedly married to Mexican model and entrepreneur Grecia Munoz.
- Munoz is involved in developing her startup focused on luxury products.
- The wedding ceremony was kept private and secret, with reports suggesting it took place a few months ago.
- Despite the secrecy, news of their marriage has sparked significant interest and discussion on the internet.
- This is not Goyal’s first marriage; he was previously married to Kanchan Joshi, whom he met while studying at IIT-Delhi.
- However, the news of Deepinder Goyal’s marriage is not published on his social media by his own.
Zomato was Previously known as Foodie Bay
- 2006: Deepinder graduates from IIT Delhi, and joins Bain and Company as a Senior Associate Consultant.
- While at Bain, he conceives the idea of FoodieBay.com due to long queues for food orders.
- Deepinder, along with colleague Pankaj, creates an intranet-based food ordering website for Bain employees.
- The website unexpectedly gains popularity and heavy traffic.
- Recognizing the potential, the founders decide to transform it into Zomato.com, envisioning a revolution in the food tech industry.
Deepinder Goyal- Raising funds from Zomato
- In August 2011, Info Edge played a pivotal role in Zomato’s early journey by investing $1 million in FoodieBay.com when the company was seeking funding.
- This investment marked a turning point as Deepinder and his team decided to rebrand the company from FoodieBay.com to Zomato.com.
- The funding provided by Info Edge served as a morale booster, prompting Zomato’s founders, Deepinder and Pankaj, to resign from their jobs at Bain and Company and commit their full attention to Zomato’s growth.
- Zomato embraced the evolving trend of food delivery and ordering, experiencing substantial success in India.
- Since its initial funding in 2011, Zomato attracted investments from various sources, eventually achieving unicorn status in 2018.
- By the end of 2020, Zomato closed a significant $660 million primary financing round, reaching a post-money valuation of $3.9 billion.
Facts about The Market Capitalization of Zomato: facts about zomato
| Date | Stock Price (INR) |
|---|---|
| 2021-07-23 | 126 |
| 2021-12-31 | 137.4 |
| 2022-12-30 | 59.3 |
| 2023-12-18 | 102.15 |
- Keeping pace with technological advancements, Zomato expanded its reach by launching applications for iOS, Android, and Windows.
- The company’s popularity led to geographical expansion, encompassing cities such as Chennai, Hyderabad, and Ahmedabad.
- Establishing collaborations, Zomato partnered with Citibank, resulting in the creation of the “Citibank Zomato Restaurant Guide.”
- Zomato transitioned into a publicly traded company, with its shares listed on the BSE and NSE on July 23, 2021.
- The IPO price range for Zomato’s shares was ₹72 to ₹76 per share, and as of October 2023, its market capitalization stands at $11.67 billion.
- In global rankings based on market value, Zomato holds the 1306th position, highlighting its significance as a valuable company.
Zomato revenue growth rate in fy23
- Under the leadership of CEO Deepinder, Zomato expanded its operations globally, reaching countries like Dubai, UAE, Sri Lanka, Qatar, the United Kingdom, South Africa, the Philippines, and New Zealand.
- In FY 2011-2012, Zomato Media Pvt. Ltd. reported revenues amounting to INR 2.04 crores, which witnessed a substantial increase to INR 7.079 crores in the financial year 2023 -24.
- Zomato’s website attracted approximately 2.5 million visitors in March 2012, and this figure experienced exponential growth, reaching 20.28 million visitors by Dec. 2023.
| Year | Revenues (in crores) | Website Visitors (in millions) |
|---|---|---|
| 2011-2012 | 2.04 | 2.5 |
| 2023-2024 | 7.079 | 20.28 |
- Zomato maintained a robust growth rate, with a notable 68.9% increase in gross revenue, reaching an impressive INR 7,079 crores in FY23.
Zomato CEO Deepinder Goyal buys India’s first Aston Martin DB 12 Sports Car:-
- The British supercar manufacturer Aston Martin launched the groundbreaking GT car, the DB12, in India in September 2023.
- Priced at Rs 4.59 crore (ex-showroom), the DB12 quickly gained attention in the luxury car market.
- Deepinder Goyal, the CEO of Zomato, became the first proud owner of the stunning beast on wheels in the country.
- His acquisition of the Aston Martin DB12 garnered significant media attention and admiration from car enthusiasts.
Does Deepinder Goyal Stammer?
Yes, Deepender Goyal has had a stammering problem since his childhood. He has also had medical care, but the stammering problem persists even today. While speaking, he often stammers. You must have seen him in Shark Tank India while talking with pitchers. Despite having such a speaking problem, he is one of the billionaires in India, proving that nothing can stop you from succeeding. People mock you unless you become successful. Once you become, they will not keep themselves away from appreciating you.