#deepinder goyal
Text
Deepinder Goyal And Pankaj Chaddah The Visionaries Behind Zomato - Nishant Verma
In the dynamic and ever-evolving world of tech startups, one name stands out as a pioneer in the food delivery and restaurant discovery industry – Zomato. The story of Zomato’s rise to prominence is intrinsically linked to its co-founders, Deepinder Goyal and Pankaj Chaddah. These two young visionaries dared to dream big and brought about a revolution in how people discover, order, and experience food. This article delves into their journey, from their early days to their current status as key players in the global tech and food industry.
Deepinder Goyal and Pankaj Chaddah shared a similar educational background. Both attended the prestigious Indian Institute of Technology (IIT) in Delhi. Deepinder pursued a degree in Mathematics and Computing, while Pankaj opted for a major in Mechanical Engineering. It was during their time at IIT that the seeds of entrepreneurship were sown as they began envisioning a future that involved technology and food.
Visit us - Nishant Verma
#motivationalspeaker#mentorship#growwithnishantverma#business#nishantverma#business mentor#entrepreneur#start up#mentor#zomato#deepinder goyal#Pankaj chaddah
0 notes
Text
The Success Story of Deepinder Goyal| Revolutionizing Food Delivery with Zomato
Introduction:
In the rapidly evolving landscape of India’s food delivery segment, Zomato has emerged as a dominant player, catering to the cravings of millions, especially amidst the challenges of the pandemic. Founded by Deepinder Goyal, Zomato revolutionized how Indians order and experience food, becoming synonymous with convenience and quality.
Early Life and Education:
Born on January 26, 1983, in Punjab, India, Deepinder Goyal pursued his education at the prestigious Indian Institute of Technology, Delhi. Despite hailing from a middle-class family, Goyal harbored a passion for the food industry and sought to translate his interests into a transformative venture, despite facing financial constraints.
The Genesis of Zomato:
Deepinder Goyal’s entrepreneurial journey began while working as a Senior Associate Consultant at Bain and Company. Frustrated by the cumbersome process of ordering food, he conceptualized FoodieBay.com, later rebranded as Zomato.com. His vision was simple yet revolutionary: to streamline the food ordering process, providing users with access to menus, reviews, and discounts, all in one platform.
Navigating Growth and Expansion:
With Zomato’s inception, Goyal witnessed an overwhelming response, prompting rapid expansion and the addition of more restaurants to the platform. Supported by significant funding from Edge in 2006, Zomato’s trajectory soared, attracting investments and cementing its status as a game-changer in the food tech industry. The platform’s user-friendly interface and robust features garnered widespread acclaim, leading to its unicorn status in 2018 and subsequent global expansion.
Zomato Today:
Under Deepinder Goyal’s leadership, Zomato has achieved unparalleled success, boasting a net worth of Rs 2,200 crore as of January 2021. The platform’s user-centric approach has earned it numerous accolades and a loyal customer base. With operations spanning across multiple countries, including Dubai, South Africa, and the US, Zomato continues to redefine the food delivery landscape.
Legacy and Impact:
Deepinder Goyal’s journey exemplifies resilience, innovation, and unwavering determination. From humble beginnings to revolutionizing an entire industry, his legacy transcends borders, inspiring entrepreneurs worldwide. Zomato’s unprecedented growth and enduring impact stand as a testament to Goyal’s vision and leadership prowess.
Conclusion:
As Zomato continues to thrive under Deepinder Goyal’s stewardship, its story serves as a testament to the transformative power of entrepreneurship. Through innovation and perseverance, Goyal has reshaped the food delivery ecosystem, leaving an indelible mark on India’s culinary landscape.
0 notes
Text
After Backlash, Zomato Drops 'Green' Uniforms For Delivery Personnel
Zomato won’t be going ‘green’ anymore. The food delivery aggregator on Tuesday announced plans to roll out a ‘Pure Veg’ mode on its app, designed to cater to vegetarian customers. Alongside, Zomato announced that orders placed on the ‘Pure Veg’ section will be delivered by personnel wearing green-coloured uniforms. This announcement led to a huge uproar on social media, with disgruntled users…
View On WordPress
0 notes
Text
Deepinder Goyal: From Visionary Entrepreneur to Shark Tank Judge
Embark on Deepinder Goyal's extraordinary journey from visionary entrepreneur to Shark Tank Judge. Uncover the insights that fueled his success. Read the full post for inspiration!
0 notes
Text
Good news for Zomato.. in different categories
Good news for the unemployed is food delivery company Zomato. The company's CEO Deepinder Goyal announced that 800 people will be hired in various departments. Goyal said that new people will be hired for the jobs of Chief of Staff to CEO, Generalist, Growth Manager, Product Owner, Software Development Engineer. There are 800 vacancies in these five departments. Tag people with matching skills here.
#Todays news#latest news#Good news#Unemployed#Zomato updates#Zomato#Ceo#Deepinder Goyal#800 people#Hired#Different Departments#Chief of Staff to CEO#Generalist#Growth Manager#Product Owner#Software Development Engineer#Tag People#breaking news#Trending#Trending news
0 notes
Text
Deepinder Goyal
The man who revolutionized the food tech industry | Co-founder and CEO of Zomato.
Deepinder Goyal is the co-founder and CEO of Zomato, one of the world’s largest food delivery services and restaurant aggregators. It operates in more than 24 countries such as Indonesia, Sri Lanka, the UK, UAE, Qatar, and many more. He was inspired to launch this online restaurant information service when he saw the demand for food menus among his colleagues in the restaurants.
On experiencing the success of Blinkit’s new model of 10-minute food delivery service, Deepinder announced its 10-minute food delivery offering with Zomato Instant. “Innovating and leading from the front is the only way to survive in the tech industry,” said Deepinder Goyal. He is also in talks to have a merger with Blinkit in an all-stock deal.
Deepinder Goyal’s Early Life
Deepinder hails from Muktsar, Punjab.
He belongs to a middle-class family of teachers.
Deepinder’s wife, Kanchan Joshi supported him when he left his job to launch his own startup.
Deepinder Goyal’s Educational Qualifications
Deepinder graduated in mathematics and computing from IIT Delhi in 2005
Deepinder Goyal’s Career
Deepinder started his career with Bain & Company, New Delhi, as a senior associate consultant in January 2006.
After two years, he launched FoodieBay, which was later renamed Zomato in 2010.
In 2011, Zomato expanded across India (Delhi, Chennai, Kolkata, Mumbai, Bengaluru, and Pune).
Deepinder gained an international presence with Zomato in 2012 in various countries like Qatar, the Philippines, UAE, Sri Lanka, and the UK.
He also started an online food ordering portal, Food, but it failed.
Zomato’s Awards and Achievements
Economic Times startup of the year 2014
Asia Pacific gold winner 2015
NDTV Indian of the year 2015
5th India Digital Awards presented by IAMAI 2015
Google Play best apps of 2017 (Editor’s choice)
The Economic Times Startup of the year award 2021 Read More On..
0 notes
Text
বন্ধুত্ব দিবসে গ্রাহক, কর্মীদের চমকে দিলেন Zomato-র CEO! বাইক নিয়ে হলেন হাজির
জোম্যাটোর সিইও দীপিন্দর গোয়েল বিশেষ ভাবে বন্ধুত্ব দিবস উদযাপন করলেন। মাইক্রোব্লগিং প্ল্যাটফর্ম X (আগের টুইটার)-এ গোয়েলের ফ্রেন্ডশিপ ডে উদযাপন করা দেখে তাঁর অনুসারীরা খানিক ��বাক হয়েছেন। Zomato সিইও ডেলিভারি পার্টনার, রেস্টুরেন্ট পার্টনার এবং গ্রাহকদের ফ্রেন্ডশিপ ব্যান্ড এবং খাবার বিতরণ করার পথে তাঁর ছবি শেয়ার করেছেন।
দীপিন্দর গয়াল যে ছবিগুলি শেয়ার করেছেন তার মধ্যে একটি ছবিতে তাঁকে রয়্যাল…
View On WordPress
#Zomato CEO Deepinder Goyal#Zomato CEO On Friendship Day#জোম্যাটো সিই#জোম্যাটো সিইও দীপিন্দর গোয়েল#দীপিন্দর গোয়েল#বন্ধুত্ব দিবস
0 notes
Text
Not Scraping 10-Min Instant Service: Zomato Denies Reports
Food delivery giant Zomato has recently denied reports that its quick delivery service is shutting down. In March 2022, the brand announced the launch of its pilot project – Zomato Instant – in Gurugram. The project features delivering food to your doorstep in just 10 minutes. After reports claimed that Zomato is closing the service (project), the company issued a statement, clearing the air.…
View On WordPress
0 notes
Text
ETERNALLY PURE!
The food delivery giant Zomato’s shares are down nearly 70% from their peak hit shortly after listing last year. The company also stated that its consolidated net loss for the latest quarter widened to Rs 360 crore compared to Rs 134.2 crore the same time last year. The company is trying to cut down its losses by improving the contribution margin of the food delivery business. The increase in fuel prices increases Zomato’s delivery cost and the company is also seeing some stress on the availability of delivery partners in the current quarter in select large cities. Zomato delivers the food on time, but there are no good returns to its holders, the structure at this moment is weak. According to researchers, the company needs to focus on a single business model first then work on the multiple business models if it wants to become profitable.
However, Revenue from operations were at Rs 1,211.8 crore, up 75.01 per cent compared to Rs 692.4 crore in the same quarter last year. Deepinder Goyal, founder of Zomato says, “We think our growth trajectory is back on track, and we don’t foresee ‘post-Covid ramifications’ affecting our growth rate anymore. Having said that, even before Covid, growth in our business has been lumpy (and not linear) – so it is essential to take a long term view of our business.” Zomato’s quick commerce business, Blinkit, which it acquired earlier this year, improved as well. Losses have reduced owing to operating leverage and improved execution.
Overall, Zomato is an early bet to be placed on by any investor. The company is yet to be stable in terms of growth, revenue and profits. However, a specific prospective future of Zomato intrigues the investors and it is HYPERPURE. Zomato says B2B vertical Hyperpure could be bigger than food delivery.
Hyperpure is Zomato's supply platform for restaurants. It allows them to purchase:
· The freshest, most high quality ingredients available on the market
· Antibiotic residue-free chicken, which is better for your customers than regular chicken
· Eco-friendly packaging (which is recyclable and doesn't harm the environment) for deliveries
Through Hyperpure restaurants can purchase: Vegetables & Fruits, Poultry (including antibiotic residue-free chicken), Groceries, Meats, Seafood, Dairy, Beverages, and Eco-friendly Packaging.
TASK AT HAND
You have been hired by Deepinder Goyal as the CSO of Zomato and are required to come up with the following deliverables:
Fund reallocation and cost cutting measures to be adopted by the company
Efficient operational model for Hyperpure
Phase-wise implementation plan
Short-term and long-term strategies to attract the investors
Marketing plan for Zomato and hyperpure
Extra deliverables as per your discretion
Deadline: 8 a.m. (Late submissions are not entertained)
You are required to submit a REPORT (min: 8 pages) and a PPT of not more than 9 slides. Kindly stick to the format.
Incase of any queries, feel free to reach out to:
Shelja Agarwal: 7002508044
4 notes
·
View notes
Text
Revolutionizing the Food Delivery LandscapeIntroductionZomato, founded in 2008 by Deepinder Goyal and Pankaj Chaddah, has become one of the most prominent players in the global food delivery and restaurant discovery market. Initially launched as Foodiebay, the company rebranded to Zomato in 2010 and has since grown exponentially, serving millions of users in over 24 countries. This article delves into Zomato’s journey, its business model, key features, challenges, and its impact on the food industry.The Journey of ZomatoZomato started as a restaurant discovery platform, providing menus, user reviews, and ratings. Over time, it expanded its services to include online food delivery, table reservations, and a subscription-based loyalty program called Zomato Pro. The company's growth was fueled by strategic acquisitions, including Urbanspoon (USA), Cibando (Italy), and Gastronauci (Poland), which helped it establish a global presence.Business ModelZomato operates on a multifaceted business model that includes:Commissions on Orders: Zomato charges restaurants a commission for every order placed through its platform. This is a significant revenue stream.Advertising: Restaurants can advertise on Zomato’s platform to increase visibility, thus generating ad revenue for Zomato.Subscription Services: Zomato Pro offers customers discounts at partner restaurants and priority delivery. Restaurants benefit from increased patronage.Zomato Gold (now Zomato Pro): This membership program offers exclusive deals and discounts, providing a steady subscription revenue stream.Key FeaturesRestaurant Discovery: Users can explore restaurants based on location, cuisine, and reviews. Detailed information about menus, prices, and ambiance helps users make informed decisions.Online Ordering: Zomato’s user-friendly interface allows customers to order food from a wide variety of restaurants, with real-time tracking and multiple payment options.Table Reservations: Users can book tables at their favorite restaurants, often with added benefits like discounts or complimentary dishes.Zomato Pro: This subscription service offers members exclusive discounts and privileges at partner restaurants, enhancing the dining experience.ChallengesDespite its success, Zomato faces several challenges:Competition: With competitors like Swiggy, Uber Eats (acquired by Zomato in India), and regional players in various markets, Zomato constantly needs to innovate to stay ahead.Profitability: The food delivery business operates on thin margins. Achieving profitability while maintaining growth is a significant challenge.Regulatory Hurdles: Different countries have varying regulations regarding food safety, delivery operations, and labor laws, complicating Zomato’s global operations.Customer Retention: With numerous options available, retaining customers through quality service and loyalty programs is crucial.Impact on the Food IndustryZomato has significantly impacted the food industry by:Digital Transformation: Encouraging restaurants to adopt digital menus, online ordering, and digital payments.Market Reach: Helping small and local restaurants reach a broader customer base.Consumer Behavior: Changing how people discover and experience food, making online food delivery a mainstream practice.Data Analytics: Providing restaurants with valuable insights into customer preferences and behaviors, helping them tailor their offerings.ConclusionZomato has transformed the food delivery and restaurant discovery landscape through innovation and strategic growth. While facing significant challenges, its ability to adapt and evolve continues to drive its success. As the company focuses on sustainability and technological advancements, Zomato is poised to remain a key player in the global food service industry for years to come.Visit gyftr.com
#blog #gyftr #onlineblog
1 note
·
View note
Text
Actively encourage wealth creation, startups; committed to provide right environment for them to flourish, says PM Modi
Encouraging Startup Growth
Prime Minister Narendra Modi has reaffirmed his government’s commitment to fostering an environment conducive to startup growth and wealth creation in India. He emphasized the importance of providing the right ecosystem for startups to thrive and contribute to the nation’s economic progress. Modi’s remarks come in response to accolades from prominent figures in India’s startup ecosystem, highlighting the positive impact of government initiatives on entrepreneurship and innovation.
Supporting Entrepreneurial Spirit
Prime Minister Modi praised the entrepreneurial endeavors of people such as Varun Alagh, co-founder of Mamaearth, and Deepinder Goyal, founder of Zomato, in a series of postings on the social media site X. Coming from a modest background himself, Goyal acknowledged that government efforts allowed him to turn Zomato into a profitable business that employs thousands of people. Alagh further commended the Modi government for building a conducive environment that enables middle-class entrepreneurs to fulfill their aspirations.
Recognition from Startup Leaders
At a recent gathering chaired by Cabinet Minister Hardeep Singh Puri, startup executives praised the Modi government’s initiatives to foster technology innovation and entrepreneurship. Prominent individuals such as Abhiraj Singh Bhal from Urban Company and Rohan Verma from MapMyIndia have expressed their appreciation for government programs like Startup India and the unblocking of vital industries like space and geospatial technology. They emphasized how proactive policies might generate chances for growth and innovation.
India’s Progress in Strategic Sectors
Modi also praised India’s space industry achievements, which have won praise from all across the world. He reaffirmed the government’s commitment to revolutionizing vital industries like geospatial technology and space, creating fresh chances for advancement and creativity. India is becoming a leading innovator in aerospace and allied industries thanks to the opening up of important sectors like space and military.
Creating Opportunities in Manufacturing
Dixon Technologies Chairman Sunil Vachani praised India’s shift from importing to manufacturing billion-dollar electrical items. He attributed this change to government initiatives, most notably the “Make in India” campaign. Vachani emphasized the tremendous advancements made in industries like LED lights and televisions, where domestic value addition is as high as 75%, while noting the need for higher value addition in manufacturing.
1 note
·
View note
Text
PM Modi Champions Startups and Wealth Creation: A Commitment to Growth
Prime Minister Narendra Modi recently emphasized his government’s dedication to encouraging startups and wealth creation in India. Responding to praise from various startup founders and business leaders, Modi highlighted the supportive environment the Bharatiya Janata Party-led administration is fostering for entrepreneurship and innovation.
Praise from Industry Leaders
In a series of posts on social media platform X (formerly Twitter), Modi responded to comments made by top executives from companies like Zomato, Urban Company, Mamaearth, and MapMyIndia at an event hosted by Cabinet Minister Hardeep Singh Puri. The event also saw the participation of Minister of State for Electronics & Information Technology, Rajeev Chandrasekhar, where leaders in the startup ecosystem commended the government’s efforts in promoting technological innovation and manufacturing.
Encouraging Entrepreneurship
Highlighting the story of Zomato’s founder, Deepinder Goyal, Modi praised his journey from a small-town background to creating a successful business. “In today’s India, one’s surname doesn’t matter. What matters is hard work,” Modi posted. Goyal had previously remarked that despite initial doubts, the government’s initiatives allowed him to build Zomato, which now employs thousands.
Similarly, Modi applauded Mamaearth founder Varun Alagh, who, along with his wife, built their company from scratch with government support. “Keep up the great work and continue to inspire others with your success, Varun! Our government actively encourages startups and wealth creation,” Modi wrote.
Support for Homegrown Talent
Urban Company’s founder, Abhiraj Singh Bhal, praised the government’s role in helping build a skilled workforce and supporting the Startup India initiative. In response, Modi acknowledged the impact of the initiative on fostering innovation and growth.
Unlocking Strategic Sectors
MapMyIndia CEO Rohan Verma highlighted the government’s efforts in opening up strategic sectors like space, geospatial, and defense. Modi responded by emphasizing the global recognition of India’s strides in the space sector and the government’s commitment to transforming these crucial areas.
Venture capital leader Rajan Anandan also praised the opening of strategic sectors, noting the spurred innovation in aerospace, space, and defense. Modi responded by affirming the government’s support for innovators and wealth creators.
Boosting Manufacturing
Sunil Vachani, Chairman of Dixon Technologies, praised the government’s policies for transforming India’s electronics and mobile phone industry. He highlighted the shift from importing to producing $100 billion worth of electronic products, with significant contributions to exports. Modi agreed, noting the remarkable transformation and proactive steps taken in recent years.
Conclusion
Prime Minister Narendra Modi’s responses reflect a strong commitment to creating an environment where startups and wealth creation can thrive. The government’s efforts in supporting innovation, unlocking strategic sectors, and boosting manufacturing are paving the way for India’s economic growth and global recognition.
0 notes
Text
Best Food Delivery Services in India
Best Food Delivery Services in India
1. Zomato
Zomato is one of the oldest players in the on-demand food delivery market. It was started in 2010 by Deepinder Goyal, after rebranding from the food directory website Foodiebay.
According to the food delivery market analysis, Zomato has spread across 213 cities in India and currently partners with over 1.4 million restaurants across 24 countries.
Swiggy
According to a food delivery market analysis, Swiggy entered the Indian food market in 2014, starting its services in Koramangala, a neighborhood of Bengaluru. Swiggy was treated as a late entrant in the online food industry.
Know more -
0 notes
Text
Deepinder Goyal And Pankaj Chaddah: The Visionaries Behind Zomato - Nishant Verma
In the dynamic and ever-evolving world of tech startups, one name stands out as a pioneer in the food delivery and restaurant discovery industry – Zomato. The story of Zomato’s rise to prominence is intrinsically linked to its co-founders, Deepinder Goyal and Pankaj Chaddah. These two young visionaries dared to dream big and brought about a revolution in how people discover, order, and experience food. This article delves into their journey, from their early days to their current status as key players in the global tech and food industry.
Explore more; Nishant Verma
#nishantverma#statup#entrepreneur#motivation speaker#mentorship#businessmentor#growwithnishantverma#mentor
0 notes
Last Seen Blogs
