𝐙𝐨𝐦𝐚𝐭𝐨 𝐑𝐚𝐢𝐬𝐞𝐬 ₹𝟖,𝟓𝟎𝟎 𝐂𝐫𝐨𝐫𝐞! Zomato has secured a massive ₹8,500 crore via Qualified Institutional Placement (QIP). ₹2,137 crore allocated for Blinkit’s expansion through dark stores and warehouses. Focused investments in marketing to enhance market presence. CEO Deepinder Goyal extends his salary waiver till 2026, showcasing unwavering dedication to Zomato’s vision. Read full news: https://lnkd.in/gxWT5gWQ 📢 Have a startup story or news to share? Reach out to us at: [email protected]. #Zomato #FundingNews #BlinkitExpansion #QuickCommerce #FoodTech #BusinessGrowth #Kalpway
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Zomato's Financial Triumph: A Story of Resilience In the competitive realm of food delivery, Zomato's journey from losses to profits has captivated attention, showcasing resilience and innovation in the face of adversity. The company had posted a net loss of INR 187.6 crore in the same quarter of the previous fiscal. Q4 was the fourth consecutive profitable quarter for the food tech giant. Zomato posted a net profit of INR 36 Cr in Q2 FY24 and INR 2 Cr in Q1. For the full FY24, Zomato’s PAT stood at INR 351 Cr as against a loss of INR 971 Cr in FY23. Zomato's financial triumph underscores the power of perseverance and adaptability in the dynamic world of food technology, inspiring startups and industry leaders. #QSR #zomato #growth #deepindergoyal #YOY #profit
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Haldiram's took 90 years while Zomato took just 13 years to hit $10 billion valuation! But, Haldiram's founder's family owns 90% of the company today, worth $9 billion and Zomato's founders own just 7% of the company (worth less than $2 billion). While Haldiram's is all about legacy, Zomato's speed and boldness are what set it apart. Both the companies teach us lessons on growth and legacy. Haldiram become a brand with zero funding, lack of resources and minimal government support. It was all about belief, patience and hardwork. On the other hand, In just over a decade, Zomato has achieved what could not be imagined by anyone. Zomato proves that with the right idea and execution, world will support you if you can make money for yourself and your investors. #haldiram #zomato #businessgrowth
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Haldiram's took 90 years while Zomato took just 13 years to hit $1o billion valuation! But, Haldiram’s founder’s family owns 90% of the company today, worth $9 billion and Zomato’s founders own just 7% of the company (worth less than $2 billion). While Haldiram’s is all about legacy, Zomato’s speed and boldness are what set it apart. Both the companies teach us lessons on growth and legacy. Haldiram become a brand with zero funding, lack of resources and minimal government support. It was all about belief, patience and hardwork. On the other hand, In just over a decade, Zomato has achieved what could not be imagined by anyone. Zomato proves that with the right idea and execution, world will support you if you can make money for yourself and your investors. #haldiram #zomato #businessgrowth
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Haldiram's took 90 years while Zomato took just 13 years to hit $1o billion valuation! But, Haldiram’s founder’s family owns 90% of the company today, worth $9 billion and Zomato’s founders own just 7% of the company (worth less than $2 billion). While Haldiram’s is all about legacy, Zomato’s speed and boldness are what set it apart. Both the companies teach us lessons on growth and legacy. Haldiram become a brand with zero funding, lack of resources and minimal government support. It was all about belief, patience and hardwork. On the other hand, In just over a decade, Zomato has achieved what could not be imagined by anyone. Zomato proves that with the right idea and execution, world will support you if you can make money for yourself and your investors. #haldiram #zomato #businessgrowth
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#Haldiram's took 90 years while Zomato took just 13 years to hit $10 billion valuation! But, Haldiram's founder's family owns 90% of the company today, worth $9 billion and Zomato's founders own just 7% of the company (worth less than $2 billion). While Haldiram's is all about legacy, Zomato's speed and boldness are what set it apart. Both the companies teach us lessons on growth and legacy. Haldiram became a brand with zero funding, lack of resources and minimal government support. It was all about belief, patience and hardwork. On the other hand, In just over a decade, Zomato has achieved what could not be imagined by anyone. Zomato proves that with the right idea and execution, the world will support you if you can make money for yourself and your investors. #haldiram #zomato #businessgrowth
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Very Good comparison and example.How an innovative idea and it’s implementation can put one ahead of established and experienced person,family and entity.
Haldiram's took 90 years while Zomato took just 13 years to hit $1o billion valuation! But, Haldiram’s founder’s family owns 90% of the company today, worth $9 billion and Zomato’s founders own just 7% of the company (worth less than $2 billion). While Haldiram’s is all about legacy, Zomato’s speed and boldness are what set it apart. Both the companies teach us lessons on growth and legacy. Haldiram become a brand with zero funding, lack of resources and minimal government support. It was all about belief, patience and hardwork. On the other hand, In just over a decade, Zomato has achieved what could not be imagined by anyone. Zomato proves that with the right idea and execution, world will support you if you can make money for yourself and your investors. #haldiram #zomato #businessgrowth
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In a calculated strategic maneuver, the leading foodtech giant Zomato, spearheaded by Deepinder Goyal, has unveiled plans to inject a substantial sum of Rs 400 crore (equivalent to $48 million) into two of its critical subsidiaries, Blinkit, founded by Albinder Dhindsa, and Zomato Entertainment. This investment drive aims to bolster Blinkit's swift commerce operations while reinforcing Zomato Entertainment's pursuits in the live events and ticketing sectors. With Rs 300 crore ($36 million) earmarked for Blinkit's expansion and Rs 100 crore ($12 million) allocated to Zomato Entertainment, the decision underscores Zomato's strategic vision and commitment to diversifying its portfolio. This infusion follows Zomato's sustained support for Blinkit, marked by a total investment of Rs 2,300 crore ($277 million) since its acquisition in August 2022. Notably, Blinkit's impressive performance, achieving EBITDA profitability and a robust 19.4% revenue growth in Zomato's Q4 FY24 results, has garnered attention from analysts, with Goldman Sachs suggesting a valuation exceeding that of Zomato itself. #Zomato #Blinkit #ZomatoEntertainment #DeepinderGoyal #AlbinderDhindsa #FoodTech #Investment #QuickCommerce #LiveEvents #startup77
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Haldi rams took 90 years while Zomato took just 13 years to hit $1o billion valuation! But Haldi ram’s founder’s family owns 90% of the company today, worth $9 billion and Zomato’s founders own just 7% of the company (worth less than $2 billion). While Haldi ram’s is all about legacy, Zomato’s speed and boldness are what set it apart. Both the companies teach us lessons on growth and legacy. Haldi-ram become a brand with zero funding, lack of resources and minimal government support. It was all about belief, patience and hard work. On the other hand, in just over a decade, Zomato has achieved what could not be imagined by anyone. Zomato proves that with the right idea and execution, world will support you if you can make money for yourself and your investors. #haldiram #zomato #businessgrowth
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“Haldiram’s vs. Zomato: Two Icons, Two Journeys, One India” In 1937, Ganga Bishan Agarwal began crafting #bhujia in a small shop in Bikaner. Nine decades later, #Haldiram’s is a $10B snack empire, rooted in #tradition and family ownership. The founding family still holds 90%—their collective wealth is $9B. In 2008, two tech entrepreneurs launched #Zomato from a shared dream. By 2021, Zomato went public, with a valuation of $10B. But rapid scaling came at a cost—#dilution. Today, the founders own just 7%, or $2B. Two iconic companies, two contrasting stories: • #Ownership vs. #Speed: Haldiram’s prioritizes generational wealth and control. Zomato embraced fast growth, distributing ownership widely. • #Traditional vs. #Digital: Haldiram’s thrives on products and #FMCG; Zomato is a #platformeconomy powerhouse. • #Sustainability vs. #Scalability: Haldiram’s journey is one of patience and #legacy. Zomato represents the high-stakes game of modern #capitalism. As an #investmentbanker, these are the kinds of questions that always come to mind when we’re analyzing a company: • What’s the #longtermvision of this company? • Is it building for #generationalwealth or sprinting toward #marketdominance? • How will the company balance #growth with retaining #ownership? Haldiram’s and Zomato both created immense value, but through drastically different paths. While Haldiram’s built an enduring #familybusiness, Zomato leveraged technology and capital to accelerate growth exponentially. Capital has become a time machine, turning multi-generational wealth creation into a one-generation sprint. But this acceleration comes with trade-offs. Can we strike a balance between #speed and #sustainability, between #wealth and #ownership?
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