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Zomato CEO will work without salary till March 2026

  • Deepinder Goyal, founder and CEO of Zomato, will not accept any salary until March 31, 2026.
  • Goyal has not been drawing his base salary since April 1, 2021, which amounts to Rs 3.5 crore per year.
  • In addition to the base salary, Goyal is eligible for variable pay and statutory benefits.
  • The funds raised from Zomato's qualified institutional placement (QIP) will be used for expanding the network, establishing dark stores and warehouses, increasing advertising activities, and enhancing cloud infrastructure and technology.

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