"BLINKIT WILL BE LARGER THAN ZOMATO"
Business Today India|March 03, 2024
Zomato Co-founder and CEO Deepinder Goyal on its business model, acquisitions, and more  
KRISHNA GOPALAN
"BLINKIT WILL BE LARGER THAN ZOMATO"

DEEPINDER GOYAL, 41, is a reticent person. Not known to give too many interviews, the Co-founder and CEO of food delivery platform Zomato meets Business Today on a cold afternoon at his sprawling Dera Mandi farmhouse in the capital. In the midst of lunch—soup and salmon ordered off Zomato—he speaks on what makes his company different, its acquisitions, and business model, among other things. Edited excerpts:

Why is the present moment so interesting for Zomato and its businesses? 

A lot has happened in the past leading to the present moment. People have got to leadership roles in 15 years, with many of them having [grown up]… in Zomato. It has led to the creation of the culture [of Zomato], and I don’t think they know any other way to work.

As a business, we are never comfortable. To put it bluntly, it is about always being in survival mode. We have been through so much to make us aware that everything is temporary. Normally, if the team is doing well, everyone would want to chill but that’s not how we go about it.

Zomato has always grown in spurts. If you had asked me five to six years ago, where I would be today, I would have had no answer. Even today, we probably have a 20% clue of where we will be two years from now and that’s because the environment changes so fast and we must also adapt. For instance, who thought Blinkit would have got here? Now, we suddenly have a lot more ideas on how we can expand further. At the time of buying it, it was more of an if; now is about when.

Denne historien er fra March 03, 2024-utgaven av Business Today India.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra March 03, 2024-utgaven av Business Today India.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BUSINESS TODAY INDIASe alt
The EV Craze
Business Today India

The EV Craze

The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly

time-read
5 mins  |
November 10, 2024
The Storage Boom
Business Today India

The Storage Boom

Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?

time-read
8 mins  |
November 10, 2024
India Beckons
Business Today India

India Beckons

Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before

time-read
4 mins  |
November 10, 2024
The Pearls of The Sea
Business Today India

The Pearls of The Sea

Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it

time-read
4 mins  |
November 10, 2024
66.Brand persona should define the core"
Business Today India

66.Brand persona should define the core"

I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.

time-read
1 min  |
November 10, 2024
Unwind in Style
Business Today India

Unwind in Style

Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury

time-read
3 mins  |
November 10, 2024
A Lifelong Affair with Inspiration
Business Today India

A Lifelong Affair with Inspiration

In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art

time-read
3 mins  |
November 10, 2024
Make it Bubbly
Business Today India

Make it Bubbly

Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles

time-read
4 mins  |
November 10, 2024
Palatial Splendour
Business Today India

Palatial Splendour

Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers

time-read
7 mins  |
November 10, 2024
Of Beaches and Cream
Business Today India

Of Beaches and Cream

GianChand Single Malt Whisky

time-read
1 min  |
November 10, 2024