Zomato has emerged as one of the leading startups in the country. In several places, we have heard about the founder and CEO of the company Deepinder Goyal. His story of success inspires thousands of budding entrepreneurs in the country. Being a resident of a small village in Punjab, he was not interested in studies during his childhood days. He even failed in his 6th class. However, with sheer hard work and dedication, he managed to secure admission to IIT where he dreamt of building a multi-billion-dollar company.
Deepinder Goyal was born in the city of Sri Muktsar Sahib, Punjab. He hailed from a modest family. Both his parents were teachers. Though he initially struggled with academics and failed in 6th standard, he later completed his schooling at DAV College in Chandigarh. In 2001, he cracked the JEE advanced examination and got into IIT Delhi to pursue a B.Tech in Mathematics and Computing. After completing his college studies he started working for a company in Delhi.
While working, Deepinder noticed that his colleagues often discussed food and ordering meals. These frequent discussions sparked the idea of a food delivery application in his mind. Deepinder decided to resign from his job and along with Pankaj Chaddah, he launched a food delivery startup named Foodiebay. The company was rebranded to Zomato in 2010.
Today, Zomato holds a market cap of around Rs 2.4 lakh crore. Apart from Zomato, Deepinder has also invested in several other companies. The company also acquired the fast commerce application Blinkit, giving a major boost to its business. He has also reportedly founded Zomato Future Foundation, focusing on the education of children of Zomato’s delivery partners. He also donated stocks worth Rs 700 crore to the foundation.
Deepinder has recently been in the spotlight for taking a day to work as a food delivery agent, alongside his wife, to experience firsthand the challenges faced by the delivery partners. He spoke with the partners and promised to solve the issues.
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