Did the CEO of Zomato quit?

After nearly two decades at the helm, Zomato founder Deepinder Goyal has resigned as CEO. The food delivery giant confirmed that Blinkit's Albinder Dhindsa will now take over the role. Goyal will reportedly focus on his new startup while retaining just 3.8% ownership in the company.

Why did Zomato CEO resign?

What Deepinder Goyal wrote in his letter. In a candid letter to shareholders, the founder made it clear this was not about fatigue or fallout. Over the past few months, he wrote, he has felt increasingly pulled towards new ideas, the kind that are risky, experimental and uncertain.

Is Deepinder Goyal leaving Zomato?

The announcement, made on Wednesday, came as a surprise as Goyal will step away from an active role at the company 18 years after cofounding the food delivery platform Zomato.

Who is the new CEO of Zomato?

Deepinder Goyal-led Zomato has appointed Aditya Mangla as the CEO of the Food ordering and delivery business.

Did Deepinder Goyal leave his wife?

Deepinder and Kanchan tied the knot in 2007, a year before he co-founded Zomato with his friend and colleague, Pankaj Chaddah. The couple were happily married for years, but the relationship fell apart, ultimately ending in a divorce.

Zomato Founder Deepinder Goyal Quits As Eternal CEO & MD

Does Deepinder Goyal have two wives?

Love & Entrepreneurship Did you know Deepinder Goyal, Zomato's CEO, has been married TWICE? First wife: Kanchan Joshi, a math professor he wooed in college! Second wife: Grecia Munoz, a stunning Mexican model & Metropolitan Fashion Week winner!

Is Blinkit 100% owned by Zomato?

All-Stock Acquisition

Zomato acquired Blinkit through a share-swap arrangement, issuing its own equity shares to Blinkit's shareholders in exchange for 100% ownership.

What is Zomato CEO's salary?

Billionaire Zomato CEO Deepinder Goyal has voluntarily decided to forgo his annual salary of Rs 3.5 crore until the end of the financial year 2026 (FY26), extending the waiver by two additional years, as per the company's qualified institutional placement (QIP) documents.

Why did Pankaj Chadha left Zomato?

Referring to early co-founder Pankaj Chaddah, Goyal said their leadership styles eventually “diverged,” something he described as natural in long entrepreneurial journeys. On burnout, Goyal acknowledged it as a reality. “That also happens,” he said, adding that exits are not always final.

Is Deepinder Goyal a billionaire?

Eternal's 42-year-old founder and CEO, Goyal—a self-made billionaire—has seen the value of his 3.83% stake in the company surge to ₹11,515 crore. Blinkit and its Rs 2,000 crore!

Is Swiggy losing to Zomato?

Zomato made ₹59 crore profit last quarter. Swiggy lost ₹799 crores.

Does Deepinder Goyal have a child?

Deepinder Goyal Family

He married Kanchan Joshi, whom he met while he was a student at IIT Delhi. At that time, Goyal's wife Joshi was getting her MSc in maths, and the two of them would meet in the labs. They have a child together named Siara.

What is the salary of Zomato boy in Bangalore?

Ans: The salary for Delivery jobs at Zomato in Bangalore ranges from ₹₹25000 to ₹65000 per month.

Who is the girlfriend of Zomato CEO?

Zomato CEO Deepinder Goyal has married model-entrepreneur Grecia Munoz, a person familiar with the matter said.

Why is Zomato falling down?

There are several reasons behind the Zomato share price fall, including rising challenges in Quick Commerce, a Decline in Net Profit, a Decrease in Q3 Results, Mixed Performance of Zomato, and a slower growth outlook. Zomato saw impressive growth over the past year, with its share price doubling.

Does Zomato have a future?

The company aims to expand its food delivery operations from over 500 cities in FY24 to 1,000 cities by 2025, targeting a robust 30% annual growth rate for its food delivery business over the next five years. Zomato plans to double its city presence from over 500 in FY24 to 1,000 cities by 2025.

What is Pankaj Chadha doing now?

In 2018, Chaddah left Zomato to start a mental wellness company, Mindhouse, with Pooja Khanna. It later became Shyft, an online wellness platform. By 2021, Shyft was growing fast, with high revenue.

Why was Deepinder Goyal removed from Shark Tank?

Deepinder Goyal was removed as a judge from Shark Tank India Season 4 due to a sponsorship deal with Swiggy, Zomato's main competitor. As you all know, Shark Tank India is a popular Hindi business reality TV show that airs on Sony TV. It is the Indian version of the famous American show Shark Tank.

Who is the highest paid CEO in India?

India's highest-paid CEOs in FY25, led by Sandeep Kalra of Persistent with ₹148.1 crore in total compensation.

What is the highest salary in zomato?

What is the highest salary offered at Zomato? Highest reported salary offered at Zomato is ₹139.6lakhs. The top 10% of employees earn more than ₹52.0lakhs per year.

What is the education of Akshant Goyal?

Akshant Goyal educational background includes a Master of Business Administration (MBA) from the Indian Institute of Management Bangalore and a Bachelor of Engineering (B.E.) in Computer Science from Delhi College of Engineering.

Is Zepto profitable?

In FY25, Zepto's revenue more than doubled to ₹9,668.8 crore, growing 129% year-on-year from ₹4,223.9 crore in FY24. That makes it one of the fastest-growing consumer internet companies in India. But there's a flip side. Its net losses ballooned 177% to ₹3,367.3 crore, up from ₹1,214.7 crore last year.

Who is the first wife of Deepinder Goyal?

Meet Kanchan Joshi: The First Wife Of Zomato Founder Deepinder Goyal.

Is Uber owned by Zomato?

Uber sold the India operations of its food delivery service, Uber Eats, to Zomato in January 2020, getting a 10% stake in the Deepinder Goyal-led company in return. It went on to sell these Zomato shares in August 2022 for around $390 million. “We're not a holding company. We're not an investment company.