
Deepinder Goyal, co-founder and CEO of Zomato, recently discussed the company's evolution from a $7.6 billion IPO debut to a current market valuation of $29 billion. During a fireside chat at the ET Startup Awards, Goyal addressed significant challenges, including a tough period when competitor Swiggy raised $1 billion while Zomato had only $35 million. He also revealed that he personally handles entry-level hiring at Zomato and emphasized the importance of staying connected with the business's operational realities. Goyal expressed confidence in Zomato's position in the market, noting that having multiple players like Swiggy is beneficial for the sector. Additionally, Zomato has granted 12 million stock options under its Employee Stock Ownership Plan (ESOP), reflecting its commitment to employee engagement and retention.



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