Deepinder Goyal Biography: Age, Family, Career, Donation, Zomato Business

If you’ve ever ordered food on Zomato, chances are you’ve benefited from Deepinder Goyal’s vision! From his roots in Muktsar, Punjab, to becoming one of the most influential entrepreneurs in India, Deepinder Goyal’s journey is the epitome of grit, passion, and innovation. Born on January 26, 1983, Deepinder grew up in a middle-class family, with parents who were both teachers. His humble beginnings didn’t stop him from dreaming big and making his mark in the tech-driven world of food delivery.

Deepinder Goyal Biography

Zomato—the company that Deepinder co-founded in 2008—has become a global name, offering restaurant discovery, food delivery, and review services across more than 24 countries. But before he was the CEO of this food tech giant, Deepinder was a mathematics and computing graduate from IIT Delhi, where he earned his degree in 2005. Little did anyone know, the seemingly small observation he made during his time working as a Senior Associate Consultant at Bain & Company would change the food delivery landscape forever.

In this article, we’ll explore how Deepinder’s career took shape, how Zomato rose to become a household name, his family life, and his incredible philanthropic efforts through the Zomato Future Foundation. Whether you know him for his entrepreneurial success or his dedication to giving back, one thing is clear: Deepinder Goyal is a true force to be reckoned with.

Deepinder Goyal’s Biography Details

AttributeDetails
Full NameDeepinder Goyal
ProfessionEntrepreneur, Co-founder & CEO of Zomato
Age (as of 2024)41 years old
Date of BirthJanuary 26, 1983
Place of BirthMuktsar, Punjab, India
HometownMuktsar, Punjab
NationalityIndian
Zodiac SignAquarius
Educational QualificationB.Tech in Mathematics and Computing from IIT Delhi
FamilyFather: Harbans Lal Goyal (Entrepreneur); Mother: Not publicly disclosed; Wife: Kanchan Joshi; Daughter: Siara Goyal
ReligionHinduism
HobbiesTraveling, Reading, Entrepreneurship
Net WorthRs. 500 Crore (Approx. as of 2023)
Social MediaNot specified
CategoryBiography

Physical Appearance

AttributeDetails
HeightApprox. 1.8 meters (5’11”)
WeightApprox. 78 kgs
Eye ColorDark
Hair ColorBlack

Deepinder Goyal’s Family and Personal Life

Deepinder’s personal life is just as fascinating as his business ventures. Born into a family that valued education, he was always encouraged to chase his dreams, which led him to leave his corporate job and start his own venture. Deepinder is married to Kanchan Joshi, a fellow professional who supports his every decision. They share a daughter, Siara Goyal, who, as Deepinder often mentions, is his joy and pride.

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Growing up, Deepinder’s parents were naturally concerned when he chose to leave the stability of a corporate career for the uncertainties of entrepreneurship. However, their support and trust in him never wavered, and it’s clear that family has played a significant role in his success.

Family and Relatives

AttributeDetails
FatherHarbans Lal Goyal (Entrepreneur)
MotherNot publicly disclosed
SiblingsNot publicly disclosed
Marital StatusMarried
WifeKanchan Joshi
ChildrenSiara Goyal

Deepinder Goyal’s Early Life and Education

Growing up in Muktsar, Punjab, Deepinder Goyal was always encouraged to excel academically. With both parents being educators, education was at the heart of his upbringing. After high school, Deepinder earned a spot at the prestigious Indian Institute of Technology (IIT) in Delhi, where he pursued a degree in Mathematics and Computing. During his time at IIT, he not only excelled academically but also nurtured the drive to break free from conventional career paths.

After completing his studies, Deepinder joined Bain & Company as a Senior Associate Consultant, but it was during this time that the idea of Zomato was born. He witnessed a recurring problem at his workplace: employees were often left standing in long lines, trying to order food without easy access to menus. This simple observation led Deepinder to think outside the box and develop a solution for this common issue—an idea that would become the foundation of Zomato.

Deepinder Goyal’s Career

In 2008, Deepinder decided to take the plunge and leave his corporate job to launch FoodieBay, which would later evolve into Zomato. Together with Pankaj Chaddah, Deepinder co-founded FoodieBay, a platform that allowed users to view restaurant menus and order food online. The idea was simple but revolutionary: make food ordering as easy as clicking a button.

By 2011, FoodieBay had rebranded itself as Zomato, a name that would soon become synonymous with food delivery in India and beyond. Zomato expanded rapidly, growing its services in countries such as the United Arab Emirates, Sri Lanka, Qatar, and the United Kingdom, reaching over 10,000 cities worldwide.

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Zomato’s growth didn’t stop there. With Deepinder at the helm as CEO, the company diversified its services, including restaurant reservations, online ordering, and even expanding into food delivery. Zomato’s rise to dominance in the competitive food tech space is a testament to Deepinder’s foresight and unwavering commitment to innovation.

AttributeDetails
Career BeginningsWorked as a Senior Associate Consultant at Bain & Company after graduating from IIT Delhi.
Co-founded ZomatoIn 2008, Deepinder co-founded FoodieBay.com which later rebranded as Zomato in 2011. The company revolutionized the food industry by providing an online platform for restaurant reviews, menus, and food delivery services.
Zomato’s GrowthZomato became one of India’s leading food delivery services, available in over 10,000 cities across 24 countries.
Zomato IPOZomato went public in 2021, marking a significant milestone in the company’s growth under Deepinder’s leadership.
Current RoleCEO and Director of Zomato, overseeing its expansion and strategic direction.

Deepinder Goyal’s Philanthropy

Deepinder Goyal is not just an entrepreneur; he’s a philanthropist who is deeply committed to giving back to society. Through the Zomato Future Foundation, Deepinder has dedicated a portion of his Employee Stock Ownership Plans (ESOPs), worth around 700 crore INR, to fund charitable initiatives. These funds are meant to support education for the children of Zomato’s delivery agents, as well as to provide scholarships and financial assistance to the families of delivery workers who have faced hardships due to unforeseen circumstances, like accidents or illness.

In his own words, Deepinder has made it clear that he plans to distribute the ESOPs funds in a way that benefits Zomato’s delivery agents—people who often work tirelessly to bring food to the doorsteps of millions across the globe. Zomato Future Foundation will provide Rs 50,000 per child of delivery agents who have worked with Zomato for more than five years, with the amount increasing to Rs 1,000,000 per year for those who have served for more than ten years.

AttributeDetails
Donation FocusDeepinder pledged the entire profits from Zomato’s Employee Stock Ownership Plans (ESOPs) to Zomato Future Foundation.
Zomato Future FoundationThe foundation focuses on providing financial and educational assistance to delivery workers’ families, especially for children’s education and health-related issues.
ESOPs Donation ValueThe value of the ESOPs donation is approximately Rs. 700 Crore.
ScholarshipsThe foundation also offers scholarships for girls completing their 12th grade and for outstanding students pursuing higher education.
Plans for FutureGoyal intends to sell less than 10% of the ESOPs initially to fund the foundation’s work in the first year.

Additionally, the foundation is focused on providing scholarships for girls who complete their 12th grade, encouraging them to continue their studies with financial support. This effort reflects Deepinder’s belief that education is key to empowering individuals and transforming communities.

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Key Highlights and Achievements

AttributeDetails
Zomato’s Global ReachZomato is present in 24 countries, with a significant market in India and many global cities.
Awards & RecognitionRecognized as one of India’s leading entrepreneurs; Zomato has become a household name for food delivery services.
PhilanthropyHis donation and vision for Zomato Future Foundation highlight his commitment to employee welfare and social responsibility.

Deepinder Goyal’s Net Worth

At 38, Deepinder Goyal has amassed a considerable fortune, largely due to the success of Zomato. His net worth is estimated to be in the range of several hundred million dollars, which he has earned through his leadership at Zomato and his stake in the company.

But despite his immense wealth, Deepinder remains grounded. He is known for his humble lifestyle and his commitment to giving back to the community. While many billionaires spend their money on luxury, Deepinder’s focus has been on impactful investments that benefit society at large, especially through his Zomato Future Foundation

Social Media

PlatformAccount Handle
LinkedInDeepinder Goyal
TwitterNot publicly available
InstagramNot publicly available

Summary

Deepinder Goyal, born on January 26, 1983, in Muktsar, Punjab, is an Indian entrepreneur and the co-founder and CEO of Zomato, a leading online food delivery and restaurant discovery platform. Goyal graduated from IIT Delhi in 2005 with a degree in Mathematics and Computing and initially worked as a Senior Associate Consultant at Bain & Company. It was during his time at Bain & Company that he noticed the inefficiencies in ordering food, which led him to create FoodieBay.com in 2008, which was later rebranded as Zomato in 2011. Under his leadership, Zomato expanded across 24 countries and became a household name in the food-tech industry.

In addition to his entrepreneurial success, Deepinder is known for his philanthropic efforts. He has pledged to donate the profits from Zomato’s Employee Stock Ownership Plans (ESOPs), worth approximately ₹700 crore, to the Zomato Future Foundation, which supports education for children of delivery agents and provides financial aid to families affected by unexpected events like accidents or health issues. He is married to Kanchan Joshi, and they have a daughter named Siara Goyal.

FAQs

1. Who is Deepinder Goyal?

Deepinder Goyal is the co-founder and CEO of Zomato, a leading online food delivery and restaurant discovery platform in India.

2. When was Deepinder Goyal born?

Deepinder Goyal was born on January 26, 1983.

3. What is Deepinder Goyal’s educational background?

Deepinder Goyal graduated from IIT Delhi in 2005 with a degree in Mathematics and Computing.

4. How did Deepinder Goyal start Zomato?

Goyal co-founded Zomato (originally FoodieBay.com) in 2008 after observing the inefficiencies in ordering food at Bain & Company, where he worked as a consultant. The platform was rebranded as Zomato in 2011.

5. What is Deepinder Goyal’s net worth?

Deepinder Goyal’s estimated net worth is not publicly disclosed, but Zomato, under his leadership, has become a multi-billion-dollar company.

6. Who is Deepinder Goyal married to?

Deepinder Goyal is married to Kanchan Joshi.

7. Does Deepinder Goyal have children?

Yes, Deepinder Goyal has a daughter named Siara Goyal.

8. What is Zomato’s donation initiative?

Zomato’s donation initiative, under Deepinder Goyal’s leadership, involves donating profits from Employee Stock Ownership Plans (ESOPs) to the Zomato Future Foundation. The foundation provides financial and educational support to the children of Zomato’s delivery agents and families affected by unforeseen circumstances.

9. What is Zomato Future Foundation?

Zomato Future Foundation is a charitable organization established to support the education of children from delivery agent families and provide financial assistance to those affected by health issues or accidents.

10. Where is Deepinder Goyal from?

Deepinder Goyal is from Muktsar, Punjab, India.

11. What is Zomato’s global presence?

Zomato operates in over 24 countries and serves more than 10,000 cities worldwide, including markets like the UAE, Sri Lanka, the UK, and Indonesia.

12. What are some of Deepinder Goyal’s achievements?

Deepinder Goyal has received recognition for his entrepreneurial success with Zomato’s rapid growth and global expansion. He has also been lauded for his philanthropic contributions through the Zomato Future Foundation.

13. What is the Zomato ESOPs initiative?

Deepinder Goyal announced that the entire profits from Zomato’s ESOPs, valued at ₹700 crore, would be donated to the Zomato Future Foundation to support education and welfare for Zomato delivery agents’ families.

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