Deepinder Goyal, the founder and CEO of Zomato, did indeed join the coveted billionaire club thanks to the significant surge in Zomato’s share price over the past year.
Zomato’s Stock Performance: Zomato’s shares have seen a remarkable increase, with some reports indicating a rise of over 300% since July 2023.
Market Capitalization: This impressive stock performance has propelled Zomato’s market capitalization beyond Rs 1.8 trillion (or roughly $24.25 billion) .
Goyal’s Stake: With a 4.19% stake in Zomato (as of March 31, 2024), Deepinder Goyal’s personal holding surpassed Rs 8,000 crore (or roughly $1.01 billion) .
