Zomato CEO Deepinder Goyal takes charge of Rs 1 lakh crore company: Here’s a sneak peek of his journey so far

The inception of this idea came after they found that there is no such platform that can become a one-stop shop for restaurant recommendations or provide reviews for restaurants. The first fundraise came from Info Edge at Rs 60 lakh and therefore it is important for all of us to know how this company which started as a small idea became public.

Online food delivery platform Zomato has made a bumper debut at the stock market and with this it has officially become the ‘Top 100 Listed Companies’ in terms of its value which is currently valued at Rs 1 lakh crore in market capitalisation.  As it got listed, the shares of Zomato surged nearly 53 per cent in its debut trade against its issue price of Rs 76. The stock made its debut at Rs 115, reflecting a huge gain of 51.31 per cent against the issue price on the BSE. It then hit a high of Rs 138, a jump of 81.57 per cent.