Deepinder Goyal Investments: Deepinder Goyal, co-founder & CEO of Zomato, joined the panel of judges, also known as “sharks” at Shark Tank India season 3. His experience as a founder himself makes him more empathetic to the challenges faced by the entrepreneur pitching on the show. But even before appearing on Shark Tank India, Deepinder Goyal was known for being an active angel investor.
Some major investments by Deepinder Goyal before Shark Tank India
Shiprocket
Shiprocket is a tech-based logistics startup which helps businesses with their e-commerce fulfillment needs. And there’s an interesting fact about Deepinder’s investment in shiprocket. He initially had a personal investment in Shiprocket of around $100,000. But to avoid any personal conflict of interest, he exited his personal investment in Shiprocket before Zomato led a funding round for the company.
Although the exact date of his personal investment in Shiprocket isn’t publicly available, it likely happened earlier in 2021 or possibly even before that.
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Pristyn Care
Pristyn Care is a Gurugram-based healthcare company founded in 2018 that focuses on making the surgical experience smoother and more accessible for patients in India by specialising in minimally invasive procedures.
Deepinder participated in Pristyn Care’s Series D funding round in April 2021 which helped raise $53 million. His investment in Pristyn showcases his diverse investment strategy.
Unacademy
Deepinder Goyal’s investment in Unacademy shows his ability to identify promising startups with high growth potential. Unacademy is a leading Indian multinational educational technology company.
Goyal invested in Unacademy before it became a unicorn(a startup valued at over $1 billion) in 2019.
In addition to his investment, Deepinder Goyal also joined Unacademy’s board of directors in October 2021.
Bira 91
Adding on to his diverse portfolio is another Indian startup Bira 91, a popular Indian craft brewery. He has been a long-time investor in Bira, since 2015. He might possibly be an angel investor of Bira 91 although the specific amount of his investment is not publicly available.
Since Bira 91 has gone on to become a major player in the Indian craft beer scene, implying that Deepinder’s investment has been profitable.
Geneimode
Geniemode is a B2B fashion-tech startup that facilitates B2B business in the furniture, home textile, apparel, and accessories industries, connecting global buyers with a network of Indian suppliers. Deepinder’s investment in Geniemode in 2021 underscores his inclination toward diversifying his investment portfolio beyond the food delivery sector.
From his investment in the above-mentioned start-ups, it is pretty evident that Deepinder Goyal has been an angel investor to a lot of startups and he believes in diversifying his portfolio beyond the food delivery sector.
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