Zomato founder Deepinder Goyal excluded from Shark Tank India due to Swiggy's sponsorship.

Deepinder Goyal, founder of Zomato, revealed he was excluded from the upcoming season of Shark Tank India due to Swiggy's sponsorship deal, which is reportedly worth ₹40-60 crore. This decision highlights the intensifying competition between the two food delivery giants, as Zomato currently has a market cap of $25 billion compared to Swiggy's estimated $10 billion. Swiggy is also preparing for a ₹5,000 crore IPO, but neither company has publicly commented on the situation.

October 05, 2024
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