Zomato blog
Goyal started Zomato in 2008 and now holds a 5.5% stake in the company. While Goyal has a basic salary of ₹3.5 crore per annum, the co-founder has taken a pay cut owing to the COVID-19 pandemic. In the financial year ended March 31, 2021, Goyal had a salary of ₹1.96 crore. Goyal also announced that he will not be taking any money home for the next three years, as salary.
According to the DRHP filing, “Deepinder Goyal has voluntarily waived his remuneration for a period of 36 months starting from April 1, 2021 and shall continue to discharge his roles and duties as Managing Director and Chief Executive Officer during this period.”
An interesting fact is that the seed for Zomato was in Goyal’s head when he was in his last year of engineering at Indian Institute of Technology (IIT)-Delhi. “It was towards the end of my five years at IIT that I was ordering a Dominos pizza and back then, you had to call and place an order. So while in college I started a food ordering company, it didn’t work. It was way too early,” Goyal had said during a Twitter live chat with the Shiv Nadar Foundation.
Patidar, a graduate of IIT Delhi, joined Zomato in 2010. Today, he holds the position of chief technology officer and in FY21 earned ₹1.5 crore.
Gupta, a co-founder of Zomato and the head of supply now, took home ₹3.7 crore in FY21. Gupta is a graduate of IIT Delhi and Indian Institute of Management (IIM)-Calcutta.
Goyal earned ₹3.2 crore in FY21. He joined Zomato in 2017, and has worked with a fintech startup and Kotak Mahindra Bank earlier. Goyal is a graduate from the University of Delhi and a holds a post graduate diploma in management from the IIM-Bangalore.
Ganjoo joined Zomato in 2017 and is the head of its food delivery operations. A graduate from University of Pune and BITS Pilani, Ganjoo earned ₹2.9 crore in FY21.
Gupta joined Zomato in 2018 and as of FY21 he took home ₹3.8 crore. Prior to joining Zomato, Gupta, an IIM Calcutta graduate, worked with Pepsi and MakeMyTrip.
Chopra, an associate of Institute of Chartered Accountants of India and a graduate of Lady Sri Ram college in Delhi, joined Zomato in 2010. The head of people development has a salary of ₹1.6 crore as of FY21.
Das, who is the head of customer experience at Zomato, earned ₹55 lakh in FY21. As per the DRHP, Das had joined Zomato in 2011 and left the company in 2018, only to rejoin in 2020.
The head of human resources at Zomato, Sawhney earned ₹1.3 crore in FY21. A graduate of Amity University and London School of Economics, Sawhney too had joined Zomato in 2011 and then took a year to rejoin in 2012.
Sethia joined Zomato in 2019, and earns ₹55 lakh as her salary. “Prior to joining our Company, she has worked for over six years in different roles with JHS Svendgaard Laboratories Limited, Mideast Integrated Steels Limited and Affle India Private Limited,” reads the DRHP filing.
Bhalla, a graduate from NALSAR, joined Zomato only on March 26, 2021 and for those five days, she earned ₹2.8 lakh.
Copyright © 2023. Times Internet Limited. All rights reserved.For reprint rights. Times Syndication Service.