Will Zomato’s Deepinder Goyal use rival Swiggy to order food? Here is what he says

  • Deepinder Goyal’s comments came in response to a query whether he had ever ordered food from his competitors.

Livemint
Published8 Oct 2024, 02:34 PM IST
Zomato founder and chief executive Deepinder Goyal.
Zomato founder and chief executive Deepinder Goyal.

Food ordering and delivery platform Zomato's founder and chief executive officer Deepinder Goyal has said that he has never tried ordering food from rivals such as Swiggy.

Goyal's comments came in response to a query whether he had ever ordered food from his competitors.

He said, “No, I have not ordered food outside of Zomato. Never ever. Never ordered on Swiggy, nor opened anybody else’s app.”

 

Also Read | Zomato’s Deepinder Goyal hits out at malls; says, ’need to be more humane…’

Talking about Zomato’s challenging time in 2018, Goyal said during that time, Swiggy had secured a massive $1 billion in funding, while Zomato had just $35 million in the bank.

“The only one moment like 'Oh sh**, we're dead' was when Swiggy raised $1 billion and we had $35 million in the bank.”

Goyal also revealed that he has been dropped from the panel of Shark Tank India judges due to Swiggy sponsoring the fourth season of the business reality show.

Also Read | Why Zomato backer Sanjeev Bikhchandani is a bottom-up, not top-down, investor

Startup culture and showmanship 

“The startup culture of India is too much about showmanship. I went there to set a different narrative, be real and change how people perceive. I felt a moral obligation to go there. I shot for one weekend and gave my perspective. I, unfortunately, can’t go back because Swiggy sponsored Shark Tank and kicked me out, at least that’s what I heard,” he said.

Recently, Zomato co-founder and chief people officer Akriti Chopra had resigned to pursue other interests.

Designated as senior management personnel, Chopra had tendered her resignation on September 27, 2024.

 

Also Read | Zomato’s Deepinder Goyal, wife turn delivery agents in Gurgaon

She was with the company for 13 years and played a key role in setting up and scaling Zomato's legal and finance teams in her previous role as CFO.

In January last year, another Zomato co-founder and its then chief technology officer Gunjan Patidar had resigned after over a decade stint in the company.

Before that in November 2022, another co-founder Mohit Gupta had resigned.

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:8 Oct 2024, 02:34 PM IST
Business NewsIndustryRetailWill Zomato’s Deepinder Goyal use rival Swiggy to order food? Here is what he says

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Tata Steel share price

    155.25
    03:58 PM | 16 OCT 2024
    -0.4 (-0.26%)

    Tata Power share price

    460.35
    03:58 PM | 16 OCT 2024
    -3.15 (-0.68%)

    Bharat Petroleum Corporation share price

    350.85
    03:57 PM | 16 OCT 2024
    1.65 (0.47%)

    Bharat Electronics share price

    285.65
    03:49 PM | 16 OCT 2024
    -3.15 (-1.09%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Honasa Consumer share price

    493.40
    03:46 PM | 12 SEP 2024
    -28.6 (-5.48%)

    Prism Johnson share price

    219.60
    03:59 PM | 12 SEP 2024
    -12.05 (-5.2%)

    R R Kabel share price

    1,655.30
    03:59 PM | 12 SEP 2024
    -58.75 (-3.43%)

    Raymond share price

    1,856.60
    03:59 PM | 12 SEP 2024
    -57.95 (-3.03%)
    More from Top Losers

    Engineers India share price

    227.05
    03:57 PM | 12 SEP 2024
    17.45 (8.33%)

    Century Textiles & Industries share price

    2,788.10
    03:41 PM | 12 SEP 2024
    174.75 (6.69%)

    Gujarat Fluorochemicals share price

    4,298.70
    03:47 PM | 12 SEP 2024
    266.55 (6.61%)

    FDC share price

    612.40
    03:48 PM | 12 SEP 2024
    35.1 (6.08%)
    More from Top Gainers

      Recommended For You

        More Recommendations

        Gold Prices

        • 24K
        • 22K
        Bangalore
        77,405.000.00
        Chennai
        77,411.000.00
        Delhi
        77,563.000.00
        Kolkata
        77,415.000.00

        Fuel Price

        • Petrol
        • Diesel
        Bangalore
        102.86/L0.00
        Chennai
        100.75/L0.00
        Kolkata
        104.95/L0.00
        New Delhi
        94.72/L0.00

        Popular in Industry

          HomeMarketsloanPremiumMint Shorts