Page 2 - Deepinder Goyal

Zomato faces Rs 9.45 crore GST demand from Karnataka tax authorities

Food delivery platform and quick commerce company Zomato will be filing an appeal against the order

In the blink of an eye: Zomato-owned firm Blinkit's quick turnaround

Looking at the numbers revealed as part of Zomato's results, Blinkit is working out better than "just fine". It turned operationally profitable in March, and there is more

Ordering food from Zomato to get costlier as the company hikes platform fee

Zomato processes somewhere between 2-2.2 million orders daily, suggesting that a Rs 1 increase, from Rs 4 to now Rs 5, could boost the company's quarterly earnings

Zomato faces Rs 11.81 crore GST demand and penalty order, plans to appeal

Facing a GST demand for export services to subsidiaries from July 2017 to March 2021, Zomato plans to challenge the Rs 11.81 crore penalty and demand in appellate court

Zomato's improved profits, 260% stock surge leaves analysts scrambling

The nearly 260% surge in Zomato since last April has made it difficult for consensus to keep up, but expectations continue to rise

Zomato gets service tax demand and penalty order of Rs 184 cr

Online food delivery platform Zomato said it has received a service tax demand and penalty order aggregating over Rs 184 crore, and will file an appeal against it before an appropriate authority. The demand order has been received for non-payment of service tax for the period October 2014 to June 2017 determined on the basis of certain sales made by the foreign subsidiaries and branches of the company to its customers located outside India, the company said in a late night regulatory filing. The company also mentioned that in its response to the show cause notice it had clarified on the allegations along with supporting documents and judicial precedents, "which appears to not have been appreciated by the authorities while passing the order." Subsequently, the company said it received the order passed by the Delhi Central Tax Commissioner (Adjudication) on April 1. "The company has received an order for the period October 2014 to June 2017 passed by the Commissioner, Adjudication, .

Zomato CEO Goyal marries Mexican model-turned entrepreneur Grecia Munoz

Zomato founder and CEO Deepinder Goyal, who recently made headlines over the launch of a 'Veg Only' service catering to vegetarians, has tied the knot for the second time with Mexican model-turned entrepreneur Grecia Munoz, sources said. Goyal, 41, was previously married to Kanchan Joshi. They were reportedly studying in the same department in IIT Delhi. "Grecia has been in India running her own startup in the luxury consumer products space. She used to be a model, yes. They got married a couple of months ago," a source told PTI. Grecia's Instagram bio reads, 'Born in Mexico now at home in India'. She has been the winner of the Metropolitan Fashion Week, 2022. Earlier this week, facing a huge backlash over plans for separate green uniforms for a new vegetarian-only food delivery service, Goyal said the company will roll back the plan, and all delivery persons will continue to sport the current red shirts/t-shirts. The Zomato CEO rolled back the green-coloured 'Pure Veg' fleet for

Who is Deepinder Goyal's second wife, Grecia Munoz? Check details here

Deepinder Goyal married a Mexican model Grecia Munoz who now lives in India. Get to know more about her

'All riders wear red': Zomato drops green colour from pure veg fleet

Within a day of announcing its new 'pure veg fleet', Zomato received media backlash with customers raising concerns over driver safety and misidentification of delivery partners in red uniforms

Will roll back 'Pure Veg mode' in case of negative result: Zomato CEO

After facing a backlash online from a section of people over the launch of the "Pure Veg Mode" service, Zomato CEO Deepinder Goyal on Tuesday said the food delivery platform will "roll it back in a heartbeat" in case there is a negative social repercussions. In a long late night post on X, Goyal also sought to allay concerns that Zomato's regular fleet may be barred by some societies and RWAs. "There's an opinion that some societies and RWAs will now not let our regular fleet in. We will stay alert for any such cases and work with these RWAs to not let this happen. "We understand our social responsibility due to this change, and we will not back down from solving it when the need arises," he said. "Please note that this Pure Veg Mode, or the Pure Veg Fleet doesn't serve or alienate any religious, or political preference," he clarified. Goyal elaborated upon the reason behind introduction of the company's "Pure Veg Mode" service. "But why did we need to separate the fleets? Becaus

Deepinder Goyal launches 'Pure Veg Mode' to woo vegetarian customers

Zomato founder and chief executive officer Deepinder Goyal on Tuesday announced the launch of a 'Pure Veg Mode' along with a 'Pure Veg Fleet'

Blinkit may become bigger than Zomato's food biz in 1 year: Deepinder Goyal

Meanwhile, food delivery at the end of Q3 FY24 had a revenue of Rs 2,025 crore, and Blinkit clocked Rs 644 crore

Innovating constantly driving next versions of our biz: Zomato CEO Goyal

Zomato CEO Deepinder Goyal on Monday said the company's culture of embracing disruption and being paranoid in order to evolve and stay ahead, is driving innovation in its business. He hinted that in one year's time Blinkit could be bigger than Zomato. Goyal - who is counted among India's growing tribe of celebrity founders - said the mantra for Zomato is "how do we disrupt our own businesses" and not become complacent. Speaking at the Startup Mahakumbh event, Goyal said "Zomato has a business plan competition going within the company, which is going to offer funds to a small team which will disrupt the businesses that we are in, and that could lead to Zomato version 5 or Blinkit version 2." Blinkit - the quick commerce platform - itself is part of Zomato 'version 4' he said, adding "in one year's time Blinkit could be bigger than Zomato, so I don't know how long Zomato will have its own relevance." During a fireside chat with Info Edge founder Sanjeev Bikhchandani, Goyal said the

Entrepreneurs should be driven by Passion, not money, says Zomato CEO

Zomato CEO Deepinder Goyal on Monday advised entrepreneurs to be led by passion and drive while building the company of their dreams, and cautioned that starting a venture with the sole desire of making money won't work and may lead to "bad governance calls". Speaking at the Startup Mahakumbh event, Goyal spoke candidly about how his own company prefers to be always paranoid to stay ahead. Complacency should not kick at any point of time, he asserted. "I see a lot of founders starting a lot of companies, and I ask them why did you start this company, and the answer is 'I want to make a lot of more money'...I don't think that works because that leads to bad governance calls... that's not the purpose with which you should start a company," he said while addressing a packed hall. He advised aspiring and new entrepreneurs, "You should be so passionate about something, you should be willing to risk your life for it, only then you are able to build a company of your dreams " "That's the

Food, quick delivery platforms clock all-time high orders on New Year's Eve

While Bengaluru, New Delhi, and Mumbai saw the highest number of orders among the metros, cities such as Jaipur, Chandigarh, and Ahmedabad too witnessed significant demand

Zomato denies reports of an offer to acquire Shiprocket for $2 billion

Earlier, Bloomberg had reported that Zomato had made an offer to acquire Shiprocket

D-Mart's Damani tops list of '200 Self-Made Entrepreneurs Of Millennia'

Sachin Bansal and Binny Bansal of Flipkart, Deepinder Goyal of Zomato among others in the list

JioCinema to release 'world's first angel investment show', Indian Angels

OTT platform JioCinema is set to release another investment show named 'Indian Angels'. The show will increase competition into a space currently dominated nationwide by hit show Shark Tank India

Zomato has nothing to do with helmet-less woman biking viral video: CEO

Zomato Managing Director & CEO Deepinder Goyal on Tuesday clarified that the company has "absolutely nothing to do" with a viral video in which a woman is seen riding a motorcycle without helmet dressed as a delivery partner of the online food delivery firm in Indore. In a post on X, Goyal said, "Hey! We had absolutely nothing to do with this. We don't endorse helmet-less biking. Also, we don't have a 'Indore Marketing Head'." He was responding to a post by an user of X, who posted a video of a woman dressed as a delivery partner of Zomato riding a high-end motorcycle carrying the company's delivery bag. "Indore #Zomato marketing head had this idea. He hired a model to drive around with an empty zomato bag for one hour in the morning and one hour in the evening. @zomato is on a roll...," posted the X user with handle @rajivmehta19. The video had gone viral with over 15 lakh views. Goyal in his response added, "This seems to be someone just "free-riding" on our brand. Having said

Now, customers can tip kitchen staff through Zomato: Details here

Zomato that the new feature will allow customers to "seamlessly express gratitude for their food deliveries, an option that was limited to traditional dining-in experience