Formed by ex-staff of the food delivery titan Zomato, this consortium of startups totalling 31 startups has garnered acclaim for its remarkable accomplishments, shaping the entrepreneurial terrain.
Highlights of the Zomato mafia;
- 31 startups under its umbrella
- Collective valuation of ₹8,850 cr
- Created over 3,700 jobs
- Sectoral dominance in E-commerce, other sectors include Professional Services/Consultancy, Healthtech, SaaS, Social Networking, & Traveltech
- Founders spread across 36 alma maters, including Delhi University, IIT Roorkee, IIT Delhi and others
Collective Valuation
Blinkit makes the major portion of the collective valuation of ₹8,850 cr. We did a deep dive on Blinkit recently, check it out here.
Number of Start-ups Launched
The Zomato Mafia took center stage in 2019, a year after its co-founder Pankaj Chaddah exited to start a new company along with other top management exits including CBO Mukund Kulashekaran.
Spread Across Sectors
19% of the Zomato Mafia companies are in E-commerce. The foodtech giant has given birth to 6 E-commerce companies, followed by 5 consultancy firms.
Other popular choices of the Zomato Mafia founders were Healthtech, SaaS, Social Networking, and Traveltech among others.
Jobs Created
The Zomato Mafia has created over 3,700 jobs in India, and just two companies have created 72% of that. These companies include Blinkit and Smartstaff.
Founders’ Alma Mater
14 out of the 59 founders, 24% of the Zomato Mafia have graduated from IITs.
Out of these 14 founders, majority 4 are from IIT Delhi, which is also the alma-mater of Zomato co-founders Deepinder Goyal and Pankaj Chaddah.
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