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Home / Business and Economy / Zomato CEO Demanded Blinkit Founder's Exit

Zomato CEO Demanded Blinkit Founder's Exit

4 Jan

•

Summary

  • Zomato CEO once asked Blinkit founder to quit.
  • The acquisition of Blinkit by Zomato was for ₹4,447 crore.
  • Goyal uses a 'rock bottom' method to push potential employees.
Zomato CEO Demanded Blinkit Founder's Exit

Zomato CEO Deepinder Goyal admitted to confronting Blinkit founder Albinder Dhindsa, even suggesting he leave the company during the initial stages post-acquisition. This challenging approach was part of Goyal's unique coaching strategy, which he terms the 'rock bottom' method, aimed at unlocking potential in individuals.

Zomato acquired Blinkit, formerly Grofers, in 2022 for approximately ₹4,447 crore in an all-stock deal. The transaction drew scrutiny regarding its valuation and potential conflicts of interest due to Goyal's prior relationship with Dhindsa.

Despite initial friction and tough conversations, Goyal believes his methods foster resilience. He noted that Blinkit's convenience was a key factor in the acquisition decision, and it has since become Zomato's largest business by net order value.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
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Yes, Zomato CEO Deepinder Goyal revealed he asked Blinkit founder Albinder Dhindsa to quit at one point.
Zomato acquired Blinkit (formerly Grofers) for approximately ₹4,447 crore in an all-stock deal.
It's an intense coaching technique where Goyal aims to completely disrupt an individual's self-confidence to spur growth in those with high potential.

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