Zomato’s Rapid Growth and Startup Spirit Continue to Drive Success

The rapid market leadership achieved by Zomato demonstrates its expansion towards quick commerce and new business interests.

One of India’s leading startup ventures Zomato has expanded tremendously since its public listing in 2021 before securing membership in the prestigious BSE Sensex during December 2024. The rapid growth of Zomato has been driven by its expansion into quick commerce through the Blinkit acquisition and its Paytm Insider takeover to strengthen its going-out operation.

The combination of profitable operations and growth prospects allowed Zomato to become worth Rs 2.75 lakh crore ($32 billion) by 2024. During his acceptance speech for the Emerging Company of the Year award at The ET Awards for Corporate Excellence in Mumbai Chief Financial Officer Akshant Goyal emphasized that Zomato sustains its startup atmosphere.

Goyal highlighted that the startup DNA operates at Zomato today just as it did in the early days of the company. Zomato creates job opportunities as recognized by Goyal through his statement about the 25 lakh people who earn benefits from using the platform. Goyal stated that the recognition will motivate startup founders to develop companies which define India's progress ahead while recognizing delivery partners and restaurant operators and warehouse staff as the core-pillars behind Zomato's growth.