Zomato founder Deepinder Goyal was named EY Entrepreneur Of The Year 2025 at a ceremony in Mumbai on Wednesday. An 11-member jury cited his affect on India’s consumption patterns by his shopper-tech companies. Goyal will now characterize India on the EY World Entrepreneur Of The Year Award (WEOY) in Monte Carlo in June 2025.
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“By means of his steadfast concentrate on innovation, operational excellence and lengthy-time period pondering, Deepinder has not solely created distinctive shareholder worth however has additionally created 1000’s of jobs for youth and gig employees and empowered an ecosystem of entrepreneurs throughout the nation,” EY mentioned in a press release.
When Goyal was named among the many finalists earlier, EY had mentioned he constructed a model – Zomato – that turned a family title in India’s meals supply market. An alumnus of IIT Delhi, he started by gathering and scanning menus from round 1,200 eating places throughout Delhi NCR, which have been made obtainable by the digital restaurant listing Foodiebay, later rebranded as Zomato in 2010.
Although the corporate entered meals supply later than some opponents, EY famous that Goyal steered Zomato’s growth in a extremely aggressive market. The firm reported a 59% market share in FY25, making it India’s largest meals supply platform.
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Commerce and Business Minister Piyush Goyal felicitated Deepinder Goyal, Uday Kotak and the opposite class winners. Addressing the gathering, Goyal mentioned India’s entrepreneurial vitality had develop into central to the nation’s progress trajectory. “Within the final 11 years, entrepreneurship has develop into Bharat’s biggest power.’ We’re witnessing the rise of a assured, aspirational India with 65% of our inhabitants beneath 35 years of age, 25 crore residents lifted out of poverty, and 2.3 million STEM graduates coming into the workforce yearly, creating an unmatched demographic and innovation benefit,” the minister mentioned.
He cited macroeconomic indicators, saying, “Our macroeconomic fundamentals stay strong actual GDP progress of 8.2% in Q2 FY26, inflation on a downward trajectory, overseas trade reserves touching $725 billion, and banking sector NPAs at historic lows. India attracted $80 billion in FDI in FY25 alone, reflecting international confidence in our reforms and coverage stability.”
On structural reforms, he mentioned, “By means of subsequent-era reforms from consolidating 29 labour legal guidelines into 4 simplified labour codes to bettering Ease of Doing Enterprise, and implementing ahead-wanting tax and compliance reforms we’re decreasing friction and enhancing competitiveness.”
Referring to commerce agreements, the minister mentioned that India’s excessive-high quality Free Commerce Agreements, concluded throughout Modi Authorities, now present preferential market entry to 38 nations, to about two-third of world commerce. Notably, commerce with Australia and the UAE has doubled for the reason that FTAs got here into pressure. “Furthermore, these FTAs totally shield delicate sectors like Agriculture, MSMEs, Dairy, Fisheries, Labour intensive sectors like textiles, and so forth.”
He additionally spoke about lengthy-time period initiatives corresponding to PM Gati Shakti, INR 1 lakh crore for Analysis, Growth and Innovation, the Deep Tech Fund of Funds, and India’s management in digital public infrastructure like UPI, which is now facilitating over 1,000,000 international transactions.
With these initiatives, he mentioned, the federal government was laying the inspiration of a future-prepared financial system. “As Prime Minister has mentioned, ‘That is India’s second’. The world recognises India as a key engine of world progress. I urge our entrepreneurs particularly MSMEs to leverage our FTAs, spend money on innovation, scale globally, and develop into the architects of Viksit Bharat @2047.”
Class winners included Abhishek Lodha of Lodha Group in Vitality, Actual Property and Infrastructure; Ajay Bhardwaj of Anthem Biosciences in Life Sciences and Healthcare; Gopal Vittal of Bharti Airtel within the Entrepreneurial CEO class; Jasbir Singh of Amber Enterprises in Manufacturing; Karan Bhagat of 360 One WAM in Companies; Pranav Goel and Uttam Digga of Porter within the Begin-up class; Sunil Vachani of Dixon Applied sciences in Enterprise Transformation; and Vir S Advani of Blue Star in Client Merchandise & Retail.
The EOY 2025 winners reported a collective income of practically Rs 4 lakh crore, a mixed market capitalisation of over Rs 22 lakh crore and employment for nearly 2.8 lakh individuals.
Uday Kotak, chairman of Present Metropolis and a former banker, acquired the Particular Jury Award for what the organisers described as his contributions to the Indian banking and finance sector and his affect on entrepreneurs.
Rajiv Memani, chairman and CEO of EY India, mentioned the winners mirrored broader modifications underway within the financial system. “Accelerated reforms, deeper international integration and AI revolution are collectively reshaping India’s financial system, unlocking unprecedented alternatives for entrepreneurs. Our 2025 winners characterize the perfect of Indian entrepreneurship. Their tales remind us {that a} new India is rising – impressed by daring concepts, world-class execution and fixed innovation. I lengthen my heartfelt congratulations to all of the winners for the distinctive affect they’ve created.”
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