Zomato’s Deepinder Goyal enters the billionaire club

Deepinder Goyal, founder and CEO of Zomato, has joined the billionaire club, with the food delivery company’s shares continuing their rally on Monday.

Goyal holds a 4.19% stake in Zomato, comprising 369.5 million shares. At Monday’s closing price of Rs 229 apiece (up 2.99% from the previous close), this stake is now valued at approximately Rs 8,465 crore (around $1.1 billion). During the day, Zomato’s stock hit a 52-week high of Rs 232 on the BSE.