Zomato founder - Deepinder Goyal, the ultra-rich startup entrepreneur after IPO debut. Food Delivery and Restaurant aggregator startup/company Zomato’s debut at the stock market with a 66% jump in the share price pushed the fortune of company’s founder Deepinder Goyal close to the $1 billion marks. According to a Bloomberg report, Goyal is worth $650 million based on his current 4.7% stake in Zomato which would double if he chooses to exercise his 368 million options vested over the next six years. Zomato According to Wikipedia Zomato is an Indian multinational restaurant aggregator and food delivery company founded by Pankaj Chaddah and Deepinder Goyal in 2008. Zomato provides information, menus, and user reviews of restaurants as well as food delivery options from partner restaurants in select cities. As of 2019, the service is available in 24 countries and in more than 10,000 cities. https://www.zomato.com/
In Series D round, Spinny raises $108 Million by Tiger Global
Spinny, Gurugram (India) based Car Selling/Buying platform (Startup) raises funding $108 Million by Tiger Global in series D round. With this funding, Spinny spends the amount for expanding their services and infrastructure including market expansion, technology development, infrastructure development, and hiring.
Spinny was founded by Niraj Singh, Mohit Gupta, and Ramanshu Mahaur in 2015.
On the funding, Spinny founder & CEO Niraj Singh said,
“Having a customer-first approach has been our differentiator, and we will continue to focus on improving our quality and experience control capabilities. We are delighted to have new partners on board our rocketship.”
--- Niraj Singh, Founder & CEO, Spinny
Spinny operates on an Online-to-Offline (O2O) business model, wherein discovery of cars happens online via Spinny’s website (www.spinny.com), and customers can either request a doorstep test drive and delivery or can schedule a visit to a Spinny car hub.
It has 15 car hubs that operate across eight cities - Delhi-NCR, Bengaluru, Mumbai, Pune, Hyderabad, Chennai, Kolkata, and Ahmedabad.
Tiger Global
Tiger Global Management, LLC is an American investment firm, founded by an American hedge fund manager and investor Chase Coleman III in march 2001.
It mainly focuses on the internet, software, consumer, and financial technology industries.
Comments
Post a Comment