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- Platform Fee Hike Impact, Zomato Founder And CEO Deepinder Goyal Turns Billionaire As Shares Hit Record High
Mumbai9 minutes ago
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Zomato founder and CEO Deepinder Goyal (file photo).
Shares of online food delivery platform Zomato Limited made an all-time high today on Monday (15 July). During trading, the company’s stock rose by 3% to a high of Rs 232. With this, the value of Zomato founder and CEO Deepinder Goyal’s stake in the company has now exceeded $1 billion.
However, during the current trading, Zomato’s stock is trading at Rs 226 with a gain of 1.95%. A day earlier, the company had announced a 20% increase in platform fees. This is the reason why this rise is being seen in the company’s stock.

The market capitalization of Zomato is Rs 1.97 lakh crore.
Goyal’s 36.94 crore shares worth $1 billion
As per the shareholding pattern of the March quarter, Goyal held 36,94,71,500 shares of Zomato, which is equivalent to a 4.26% stake in the company. The company’s stock reached a high of Rs 232 on BSE today, with Goyal’s 36.94 crore shares worth Rs 8,571.74 crore or $1.02 billion.
Zomato stock gave a return of 170% in one year
Zomato’s stock has given a return of 8.08% in the last 5 days, 20.21% in one month, 69.96% in 6 months and 182.88% in one year. The company has given a return of 69.96% to shareholders since January. Zomato’s market capitalization is Rs 1.97 lakh crore.
Zomato had announced ₹6 platform fee instead of ₹5
A day earlier, on July 14, both Zomato and Swiggy had announced a 20% increase in platform charges. Now customers of both companies will have to pay Rs 6 as platform fee on every order.
Both Zomato and Swiggy have increased this platform fee for markets like Bengaluru and Delhi. This is not the first time that both the companies have increased the platform fee. 3 months ago also both the companies had increased the platform fee to Rs 5.
Zomato started charging platform fees last year
Both companies have taken this decision to increase profitability. Zomato and Swiggy started charging platform fees from last year. At that time, both companies initially charged Rs 2 as platform fee. Later, both increased it to Rs 3 and then to Rs 4.
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