Deepinder Goyal is now a billionaire as Zomato shares rally 300% in just 2 years

Quick Summary:

Zomato's co-founder Deepinder Goyal's entrepreneurial journey began while working as a management consultant at Bain & Company, where he noticed the daily inconvenience faced by people in the pantry when ordering food.

In Q4 of FY24, Zomato delivered a consolidated net profit of Rs 175 crore, prompting brokerages to raise their target prices.

Despite his father's initial doubts about his ability to succeed in the startup world due to their "humble background", Goyal has proven his mettle and achieved remarkable success.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: India

Topics: Deepinder Goyal IIT Delhi Zomato CEO Billionaire club Startup success Business news Zomato Zomato share price today

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 15:18:37 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 721 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 21626053

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