Quick commerce now accounts for nearly half of Eternal’s annualised net order value (NOV), with Blinkit surpassing food delivery on key metrics.
Deepinder Goyal said LAT Aerospace is a startup focused on building planes for regional aviation and "has not bought any private jet." He added that the company is not in the business of buying planes.
Aditya Mangla will be taking over from Rakesh Ranjan, whose departure was first reported by Moneycontrol in April this year.
Deepinder Goyal’s bet on the aviation venture could redefine regional air travel in India which is at a nascent stage, as uncertainty remains over regulatory clearance, technological capability and public adoption
Concluding his post, Kiran Verma tagged Zomato CEO Deepinder Goyal, expressing appreciation for the impact such policies have on gig workers. He wrote, 'Thank you Deepinder Goyal for building hope in such an impactful way. Hope you all are close to your families celebrating the festival and not like millions of gig workers, who are supporting us to creating those moments into memories.'
Deepinder Goyal reportedly said that Zepto was losing more than Rs 2,500 crore every quarter while Zomato's subsidiary Blinkit burned through Rs 35 crore per month on average.
The AI tool is the first product from Zomato Labs, the company’s incubator for in-house innovations.
The announcement sparked a wave of reactions on social media, with many users expressing confusion about whether the change would affect the Zomato food delivery platform.
Eternal will comprise four major businesses (as of now) – Zomato, Blinkit, District, and Hyperpure. The stock symbol will also change from Zomato to Eternal.
In a post on X, Deepinder Goyal clarified that all those who have joined are being 'handsomely compensated' for their contributions and emphasised that none of them were required to pay Zomato anything.
All the employees are being 'handsomely compensated' for the value they bring and that nobody paid anything to work with Zomato, Goyal has said
The Zomato head asked interested parties to send him an email with the phrase 'I have a second brain' in the subject line.
Zomato CEO Deepinder Goyal said, 'Most of them prefer to work with us part-time to generate a secondary source of income for themselves.'
Zomato launched its ‘Pure Veg Mode’ in March last year to cater specifically to vegetarian customers, offering a tailored experience by displaying only vegetarian restaurant options. However, a recent move to impose an additional fee for enabling this mode led to widespread discontent.
In his viral post, Sheldon Aranjo described the “nightmare” he experienced at the concert, highlighting that only three washrooms were available for over 1,000 attendees. Long queues rendered the facilities inaccessible, forcing him to eventually relieve himself behind a tree—though not before soiling his trousers.
What Goyal has done is to simply throw a harsh spotlight on the reality of the Indian job market today, on the power asymmetry between jobseekers and jobgivers
Goyal will, however, continue to discharge his roles and duties as MD and CEO of Zomato during the period. He is also entitled to variable pay, the total amount of which will be decided by the board at a later date.
'I know people are commenting various stupid things about 'paid internship'. Leaving this note here as someone who got the chance to work 1 year with @deepigoyal, if you're looking for a career in Management Consulting / Strategy, this is worth way more than Rs 20 lakh!' Arnav Gupta wrote.
'All those who can't afford to pay my friend Deepi 20 lacs, please send me your application. I am looking for a Chief of Staff too although I don't know exactly what one does, I figure it can be your first assignment,' Anupam Mittal wrote on LinkedIn.
Referring to the job description for the role of chief of staff at Zomato shared by CEO Deepinder Goyal, industrialist Harsh Goenka said, 'Asking to pay for a job feels exploitative, even if positioned as learning.'
Zomato CEO Deepinder Goyal said they would be closing the application process for the chief of staff position by 6 pm on Thursday.
Ganesh Sonawane, the founder and CEO of Pune-based Frido, said that the company would also be open to offering employee stock ownership plans (ESOP) to the chief of staff and other employees who excel at work.
To demonstrate that the company is not trying to save money, Zomato would contribute Rs 50 lakh (equivalent to a chief of staff salary) to a charity of the employee's choice.
The CEO also shared the reasoning behind Zomato’s unique push notifications, which have become well-known for their cheeky, casual tone. Zomato’s marketing team took on Deepinder Goyal’s advice to 'build a relationship with the customer' in a way that no other platform was doing.
Impressed with these insights, Goyal responded directly to Bhanu’s post, confirming that these suggestions, among others, had already been incorporated into the feature. Praising Bhanu’s 'good thinking,' Goyal inquired about Bhanu’s background and expressed interest in working together.