Zomato CEO Deepinder Goyal Becomes a Billionaire as Shares Surge

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Zomato CEO Deepinder Goyal Becomes a Billionaire as Shares Surge
Zomato's founder and CEO, Deepinder Goyal, has reached billionaire status following a significant rally in the company's shares. Zomato's stock hit a record high due to the impact of recent platform fee hikes. Goyal's stake, accounting for 4.26% of the company, is now valued at over $1 billion. The increase in platform fees and strong performance in food delivery and quick commerce during key events like the IPL and cricket World Cup have driven this growth.
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