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Our only 'we're dead' moment was when Swiggy raised $1 bn & we had $35 mn: Zomato CEO

Inshorts · 8m

Zomato CEO Deepinder Goyal opened up about the lowest moment for the company during an interview at ET Startup Awards 2024. "The only one moment (we felt) like 'oh shit, we're dead' was when Swiggy raised $1 billion and we had $35 million in bank," he said. Deepinder was referring to Swiggy's Series H fundraise in 2018 led by Naspers.