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    Home » Zomato: Business Ventures, Founders, Net Worth, Valuation and More
    Startup Company

    Zomato: Business Ventures, Founders, Net Worth, Valuation and More

    adminBy adminFebruary 15, 2025No Comments7 Mins Read
    Deepinder Goyal
    Deepinder Goyal
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    In this modern Equipped world who must have not heard the name or placed an order from this Online Food Delivery App. Yes, we are talking about Zomato, which is an Indian Online Food Delivery Platform founded by Deepender Goyal. It is an Indian multinational restaurant aggregator and food delivery company. It was founded by Deepinder Goyal and Pankaj Chaddah in 2008. It provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in more than 1,000 Indian cities and towns, as of 2022–23. In this Article we have provided in depth information about it’s Owner, Business, Net Worth and more.

    Zomato History 

    Zomato was founded as FoodieBay in 2008 by Deepinder Goyal and Pankaj Chaddah who worked for Brain & Company. The founding story of this company is very interesting and innovative. Deepender and Pankaj worked at an Intranet named Bain and Company, where they observed that their colleagues struggled to find Restaurant Menu and order food online. What started as a simple online restaurant directory soon converted into a food discovery and delivery platform. The company expanded its services rapidly, establishing a presence in several countries around the world.

    The Website started as a Restaurant listing and recommendation portal. They renamed the company Zomato in 2010 as they were unsure if they would “just stick to food” and also to avoid a potential naming conflict with eBay. 

    Zomato Overview 

    Zomato was founded by Deepinder Goyal and Pankaj Chaddah in 2008. Its Headquarter is located in Gurugram, Haryana. One of the key milestones in its journey was its acquisition of Urbanspoon in 2015, which allowed it to enter the highly competitive North American market. Over the years, it continued to innovate and diversify its offerings, including the introduction of Zomato Gold, a subscription-based dining program that offers exclusive discounts and privileges at partner restaurants.

    Name Zomato
    Founding year2008
    FounderDeepender Goyal & Pankaj Chaddah
    Headquarter Gurgaon, Haryana
    Parent Company Eternal Limited Zomato Limited (Earlier)
    Services Food Delivery, Food Reviews, Pre Booking Services

    Zomato Founders

    It was founded by Entrepreneur Deepender Goyal and Pankaj Chaddah in 2008. Deepinder Goyal is our Founder and is the Managing Director and the Chief Executive Officer of our Company. He ia also come in shark Tank India as a Judge. He holds an integrated master’s degree of technology in mathematics and computing from the Indian Institute of Technology, Delhi. Prior to founding Zomato, he worked with Bain and Company​.

    Zomato’s Board of Members

    It’s board members include: 

    • Kaushik Dutta – Chairman and Independent Director
    • Deepinder Goyal – Founder, Managing Director, and Chief Executive Officer
    • Sanjeev Bikhchandani – Non-Executive Director
    • Sutapa Banerjee – Independent Director
    • Namita Gupta – Independent Director
    • Aparna Popat Ved – Independent Director

    Services Provided by Zomato

    It is a food delivery and restaurant aggregator that offers a variety of services to customers, restaurants, and delivery partners. 

    Services for customers 

    • Search for restaurants: Find nearby restaurants and cafes
    • View restaurant information: Read reviews, see menus, and check prices
    • Order food: Place orders for delivery or pickup
    • Book tables: Reserve a table at a restaurant
    • Make payments: Pay for food and drinks while dining out

    Services for restaurants

    • Marketing tools: Get help with marketing to attract new customers 
    • Delivery service: Get help with last-mile delivery of food 
    • Procurement solutions: Get help with sourcing ingredients and kitchen products 
    • Kitchen hygiene audits: Get your kitchen audited by FSSAI approved agencies 
    • GST registration: Get help with GST registration at discounted prices 

    Services for delivery partners 

    • Earning opportunities: Get competitive earning opportunities for delivering food
    • Support: Get help with any issues that may arise

    Zomato Shareholders

    Some of Zomato’s major shareholders include: 

    • Info Edge India Ltd. Holds 12.38% of it’s equities
    • Alibaba Group Holding Ltd. Holds 3.874% of it’s equities
    • Deepinder Goyal: Holds 3.829% of it’s equitie 
    • Government of Singapore: Holds 1.847% of it’s equities
    • Temasek Holdings Advisors India Pvt Ltd. Holds 1.775% of it’s equities
    • Antfin Singapore: Holds 4.3% of it’s equities

    Other shareholders of Zomato include: 

    • Foreign Portfolio Investors Category I
    • Foreign Portfolio Investors Category II
    • Camas investments pte. ltd.
    • Kuwait investment authority fund 601
    • Insurance Companies
    • Foreign Direct Investment

    Zomato Investors

    Institutional investors

    • Info Edge Ventures: One of it’s major shareholders 
    • Sequoia Capital: it’s largest institutional investor 
    • Ant Group: An investor in this company
    • Kora: An investor in Zomato that first invested in 2020 
    • Fidelity Investments: An investor in this company that first invested in 2020 
    • Tiger Global Management: An investor in this company that first invested in 2020 
    • Bow Wave Capital Management: An investor in this company that first invested in 2020 
    • Dragoneer Investment Group: An investor in this company that first invested in 2021 
    • Variable Insurance Products Fund III: An investor in this company that first invested in 2021 
    • Mirae Asset Global Investments: An investor in this company that first invested in 2021 

    Angel investors 

    • Bharati Balakrishnan: An angel investor in this company

    Other investors 

    • Alibaba Group Holding Ltd. An investor in this company
    • Deepinder Goyal: A founder, MD, and CEO of this company
    • Government of Singapore: An investor in this company

    Zomato Fundings

    Institutional investors

    • Info Edge Ventures: One of Zomato’s major shareholders 
    • Sequoia Capital: Zomato’s largest institutional investor 
    • Ant Group: An investor in this company
    • Kora: An investor in this company that first invested in 2020 
    • Fidelity Investments: An investor in this company that first invested in 2020 
    • Tiger Global Management: An investor in this company that first invested in 2020 
    • Bow Wave Capital Management: An investor in this company that first invested in 2020 
    • Dragoneer Investment Group: An investor in this company that first invested in 2021
    • Variable Insurance Products Fund III: An investor in Zomato that first invested in 2021 
    • Mirae Asset Global Investments: An investor in Zomato that first invested in 2021

    Angel investors 

    • Bharati Balakrishnan: An angel investor in this company

    Other investors 

    • Alibaba Group Holding Ltd. An investor in this company
    • Deepinder Goyal: A founder, MD, and CEO of this company
    • Government of Singapore: An investor in this company

    Zomato Current Valuation

    Zomato as of 5 February, 2025 is  currently valued at a Valuation of Rupees 2,23,164 crore. The share price of the company was ₹231.12 on the National Stock Exchange (NSE) and ₹231.25 on the Bombay Stock Exchange (BSE). Zomato is doing magnificently good in the Food Delivery Marketing in India. With its Net Income and Services it has become one of the most liked and used applications by users. 

    Zomato Net Worth

    With its well established Business, Lenskart has emerged to be one of the top brands in India. As of 2024, Zomato current Net Worth is Estimated to be around 400 Crore. The company’s main source of Income is Derived from its Business, Collaborations, Endorsements, Promotions, Social Media and more. As of January 2025, Zomato’s total assets were ₹23,356 crore (US$2.7 billion). In December 2024, Zomato’s CEO Deepinder Goyal had a net worth of ₹15,284 crore

    Zomato social Media Profiles

    • Zomato also has Accounts on Social Media. It has more than 3.5 Million Followers.
    • It has an Account on Instagram with the name ‘zomato’ with 1.1 Million followers.
    • It also has accounts on Facebook and Twitter with the names ‘Zomato’ and ‘@zomato with 1.9 Million and 1.5 Million Followers respectively.
    • Zomato also has a huge connection and followers on Linkedin with the name ‘Zomato’ with 1,765,763 followers.
    • Zomato also has its own channel on Youtube with the name ‘@zomato’ with 5,75,000 Subscribers. 
    Social media Followers / Subscribers Link 
    Instagram 1.1 Million https://www.instagram.com/zomato/?hl=en
    Facebook 1.9 Million https://www.facebook.com/zomato/
    Twitter 1.5 Million  https://x.com/zomato?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
    Linkedin 1,765,763https://in.linkedin.com/company/zomato
    Youtube 5,75,000https://www.youtube.com/@zomato/featured
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