Which company has highest stake in Zomato?
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Which company has highest stake in Zomato?
The market value of shares held by Info Edge, which is the largest stakeholder in the company, has increased to ₹15,000 crore (roughly $2 billion). Meanwhile, Uber’s share has crossed ₹9,000 crore ($1.2 billion) without investing a single penny in the food aggregator business.
Which company has stake in Zomato?
Info Edge
Info Edge, one of the biggest promoters of Zomato, sold 3.32\% stake in Zomato via initial public offering (IPO) and currently holds 15.23\%. Info Edge had sold shares worth ₹ 375 crore in an offer for sale which has multiplied into ₹15,000 crore after listing.
Who are the investors in Zomato?
Zomato connects over 55 million users to restaurants in 24 countries. It is backed by investors such as Tiger Global, Temasek, Baillie Gifford, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, Steadview, and Ant Financial.
How did Deepinder Goyal start Zomato?
After graduating from IIT Delhi, Deepinder joined Bain and Company as a Senior Associate Consultant in January 2006. During his tenure with Bain, he founded FoodieBay.com that later became Zomato.com. It was then, the duo decided to create a website for food ordering for Bain employees using the company intranet.
Which company has 18\% stake in Zomato?
Info Edge was the first institutional investor to back Zomato and currently holds around 18\% stake in the start-up. Other shareholders include ride-hailing giant Uber, Alibaba affiliate Ant Group and Singapore state investor Temasek.
Which company has 18\% stake in zomato?
Zomato issued 122.7 crore shares in its initial public offering. Of these, ahead of the IPO it issued 55.21 crore shares to anchor investors, who are locked in for 30 days and couldn’t have traded on debut.
Who is the CEO of Zomato?
Deepinder Goyal
Zomato
| Type | Public |
|---|---|
| Area served | Worldwide |
| Key people | Deepinder Goyal (CEO) |
| Services | Food delivery |
| Revenue | ₹1,994 crore (US$260 million) (FY 2021) |
Who is the father of Zomato?
Deepinder Goyal
| Wiki /Bio | Details |
|---|---|
| Parents | Father: Harbans Lal Goyal |
| Marital Status | Married |
| Spouse | Kanchan Joshi |
| Children | Siara Goyal |
Who is Deepinder Goyal?
Hailing from a middle-class family, Deepinder Goyal had a modest upbringing. After completing his graduation from the prestigious Indian Institute of Technology, Delhi, his interest in food was an encouragement to conceive a venture that would help people have their lunch, breakfast, and dinner through the convenience of an app.
Who is the largest stakeholder in Zomato?
Deepinder Goyal, Zomato’s co-founder and chief executive officer is the biggest individual stakeholder in the company, controlling a 7.7\% stake worth nearly $245.2 million. The other co-founder Pankaj Chaddah had moved on from Zomato in 2018 to launch MindHouse, still commands a 1.75\% stake in Zomato.
How did Deepinder Singh start Zomato?
After graduating from IIT Delhi, Deepinder joined Bain and Company as a Senior Associate Consultant in January 2006. During his tenure with Bain, he founded FoodieBay.com that later became Zomato.com. The idea of FoodieBay.com was his eureka moment.
How much of Zomato does Gunjan Patidar own?
The other co-founder Pankaj Chaddah had moved on from Zomato in 2018 to launch MindHouse, still commands a 1.75\% stake in Zomato. At present, his ownership is pegged at around $55.7 million. The company’s chief technology officer Gunjan Patidar controls 0.54\% stake and his holding has been estimated to be north of $17.25 million.