Deepinder Goyal News

Videos

Zomato's First-Ever Profitable Quarter Sends Stock Soaring; Triggers Meme Fest | Watch

Zomato 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 2023
Videos

How the Zomato scam works | Mint Primer | Mint

An 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 2023
Companies

CEO Deepinder Goyal urges people to apply for 800 vacancies at Zomato

Zomato 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 2023
News

Working to plug loopholes, say Deepinder Goyal after user flags scam at Zomato

Zomato 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 2023
Companies

Zomato doubles revenue to $394 million as losses marginally increase in FY’20

In FY19, the food aggregator unicorn reported a revenue of $192 million and a loss of $277 million

2 min read10 Jul 2020
Companies

Zomato looks to become profitable by end-2020

The 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 2019
Companies

Business leaders stress on creating value system, and not just profits

Founders 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 2019
Companies

Zomato to raise up to $600 mn next month: Deepinder Goyal

The 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 2019
Videos

#HTLS 2019: Top CEOs on the challenges of running a business in India

Zomato CEO Deepinder Goyal, CEO of BetterU Brad Loiselle & Beautiful Destinations CEO Jeremy Jauncey spoke at the 17th edition of Hindustan Times Leadership Summit. They spoke on changing the way of doing business in India and also highlighted the challenges they face in the country. They also spoke on the role of social media in establishing and running a business in India and narrated the differences between operating a business in India and abroad. Watch the full video for more

6 Dec 2019
Videos

‘Hired 2,50,000 people in the last 18 months’: Zomato CEO Deepinder Goyal

Zomato founder and CEO Deepinder Goyal spoke at the 17th edition of the Hindustan Times Leadership Summit. The young entrepreneur said that Zomato now serves 48 million people every month. He also added that the company has hired 2,50,000 people in the last 18 months alone. Deepinder Goyal also spoke about how his parents responded to his decision to start Zomato. Watch the full video for all the details.

6 Dec 2019
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