menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Felt Zomat...
source image

Economic Times

1M

read

614

img
dot

Image Credit: Economic Times

Felt Zomato was dead when Swiggy raised $1 billion in 2018: CEO Deepinder Goyal at The ET Startups Awards

  • Zomato CEO Deepinder Goyal felt that the company was at a dead end when rival Swiggy raised $1 billion.
  • Goyal had to reboot the organization after Zomato's IPO and clear out complacent executives.
  • Goyal couldn't return to Shark Tank India as Swiggy sponsored the show.
  • Quick-commerce growth has been surprising, and it is not affecting kiranas but rather e-commerce players like Amazon and Flipkart.

Read Full Article

like

8 Likes

For uninterrupted reading, download the app