set to open on July 14 in what could be a major second not only for the food-delivery and restaurant discovery firm but in addition the broader startup ecosystem. Its cofounder and chief government Deepinder Goyal introduced the corporate’s intention to go public a 12 months in the past, within the midst of the primary wave of the Covid-19 pandemic, which hit eating places and food-deliveries exhausting.
ETtech takes a have a look at the individuals behind Zomato‘s IPO and the way they pulled off one of many most-talked-about occasions within the Indian web financial system.
In 2008, Goyal cofounded a restaurant discovery platform known as Foodiebay along with his IIT-Delhi batchmate Pankaj Chaddah. Two years later it was rebranded as Zomato. He has served as the corporate’s chief government since its inception regardless of being a self-described product man.
Up to now 13 years, he has spearheaded the corporate’s evolution from a restaurant discovery platform right into a full-scale meals supply firm with a presence in over 500 cities. On this journey, the previous Bain marketing consultant has led Zomato by many adjustments — some that labored and a few that didn’t. From his large wager on going worldwide to
acquiring hyper-local supply startup Runnr, and diversifying into groceries, Goyal’s taken many probabilities amid fierce competitors from arch rival Swiggy.
His name to go public was sudden, because the food-delivery sector was severely affected within the first few months of the pandemic final 12 months. Having caught to the timeline, Goyal has stunned many and set the tone for his friends to faucet the general public markets.
Learn extra about Goyal in
this candid chat we had with him in March.
Goyal, an funding banker, joined Zomato in 2017 and has been its chief monetary officer since final November. He’s the third government to carry the portfolio up to now two years.
Since taking on, he has performed a essential position in making the corporate IPO-ready.
Having joined the agency as the pinnacle of company growth, Goyal has been steering the corporate’s fundraising efforts together with the $1 billion financing it picked up during the last 12 months.
Previous to becoming a member of Zomato, he was the cofounder and CFO of PinCap, a fintech agency that helped small and medium companies get short-term loans. Goyal beforehand labored with Kotak Mahindra Capital for seven years in quite a lot of roles.
Goyal holds a bachelor’s in engineering in laptop science from the College of Delhi and a post-graduate diploma in administration from the Indian Institute of Administration, Bangalore.
Gupta was designated as a cofounder in 2019 and presently heads the availability perform at Zomato. He started his stint on the food-delivery firm as enterprise head for desk reservations in 2015.
Up to now six years, he has donned varied hats and was Zomato’s chief working officer for nearly three years. When he stepped down as COO he stated he would give attention to launching the corporate’s diet enterprise. Gupta was additionally part of the crew that launched Zomato Professional and appears at methods to enhance the service provider expertise on the platform.
He’s an IIM-Calcutta alumnus with a bachelor’s diploma in know-how in chemical engineering from IIT-Delhi. Previous to becoming a member of Zomato, he labored with AT Kearney for over a decade.
Mohit Gupta is likely one of the cofounders and head of recent companies at Zomato, a job that features overseeing the corporate’s renewed push into groceries. He joined Zomato in 2018 and helped scale the corporate’s meals supply enterprise to what it’s at the moment. He was elevated to the cofounder standing in 2020 and given the brand new enterprise portfolio later that 12 months.
Gupta’s expertise spans practically twenty years at MakeMyTrip and Pepsi Meals. He served because the chief working officer at Makemytrip.com and vice chairman of promoting at PepsiCo.
He holds a bachelor’s in engineering in mechanical from Sardar Patel College, Gujarat, and a post-graduate diploma in administration from the Indian Institute of Administration, Calcutta.
Among the many longest-serving staff on the firm, Chopra was promoted to cofounder in June. She can be chief individuals officer on the firm, which she joined in 2011.
She labored for a few years within the finance crew, and was beforehand the agency’s chief monetary officer. She helped set up and scale enterprise finance features throughout all its verticals and performed a key position in constructing the corporate’s in-house authorized, governance, danger, and compliance groups, in addition to its fundraising efforts.
She is a licensed chartered accountant and previous to becoming a member of Zomato labored at PwC’s community agency Lovelock & Lewes.
Ganjoo is the pinnacle of meals supply at Zomato, the corporate’s core enterprise, which brings in as a lot as 75% of its whole income. Ganjoo has performed a key position in main Zomato’s product and tech groups, overseeing the cell app expertise.
Earlier than becoming a member of Zomato in 2017, he labored for over 16 years at Wipro Restricted, ThoughtWorks Inc, Symantec Company, SAY Media (previously SixApart), Twitter Inc and Snapdeal.
He has a bachelor’s diploma of engineering in laptop science from the College of Pune and a grasp’s diploma of science in software program engineering from the Birla Institute of Expertise & Science, Pilani, Rajasthan.
Sandhya Sethia is at the moment the corporate secretary and compliance officer of Zomato. Earlier than she joined the corporate in 2019, she labored for over six years at JHS Svendgaard Laboratories Restricted, Mideast Built-in Steels Restricted and Affle India Personal Restricted.
She holds a bachelor’s diploma in commerce (honours) from the College of Delhi and is an affiliate member of the Institute of Firm Secretaries of India.