Zomato founder Deepinder Goyal was named EY Entrepreneur Of The Yr 2025 at a ceremony in Mumbai on Wednesday. An 11-member jury cited his influence on India’s consumption patterns by his consumer-tech companies. Goyal will now signify India on the EY World Entrepreneur Of The Yr Award (WEOY) in Monte Carlo in June 2025.
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“By means of his steadfast concentrate on innovation, operational excellence and long-term pondering, Deepinder has not solely created distinctive shareholder worth however has additionally created 1000’s of jobs for youth and gig staff and empowered an ecosystem of entrepreneurs throughout the nation,” EY stated in an announcement.
When Goyal was named among the many finalists earlier, EY had stated he constructed a model – Zomato – that grew to become 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 had been made obtainable by the digital restaurant listing Foodiebay, later rebranded as Zomato in 2010.
Although the corporate entered meals supply later than some rivals, EY famous that Goyal steered Zomato’s growth in a extremely aggressive market. The corporate reported a 59% market share in FY25, making it India’s largest meals supply platform.
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Commerce and Trade Minister Piyush Goyal felicitated Deepinder Goyal, Uday Kotak and the opposite class winners. Addressing the gathering, Goyal stated India’s entrepreneurial vitality had turn into central to the nation’s progress trajectory. “Within the final 11 years, entrepreneurship has turn into Bharat’s best energy.’ We’re witnessing the rise of a assured, aspirational India with 65% of our inhabitants below 35 years of age, 25 crore residents lifted out of poverty, and a pair of.3 million STEM graduates coming into the workforce yearly, creating an unmatched demographic and innovation benefit,” the minister stated.
He cited macroeconomic indicators, saying, “Our macroeconomic fundamentals stay sturdy 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 stated, “By means of next-generation reforms from consolidating 29 labour legal guidelines into 4 simplified labour codes to bettering Ease of Doing Enterprise, and implementing forward-looking tax and compliance reforms we’re decreasing friction and enhancing competitiveness.”
Referring to commerce agreements, the minister stated that India’s high-quality Free Commerce Agreements, concluded throughout Modi Authorities, now present preferential market entry to 38 nations, to about two-third of worldwide commerce. Notably, commerce with Australia and the UAE has doubled for the reason that FTAs got here into power. “Furthermore, these FTAs absolutely shield delicate sectors like Agriculture, MSMEs, Dairy, Fisheries, Labour intensive sectors like textiles, and many others.”
He additionally spoke about long-term initiatives comparable to PM Gati Shakti, INR 1 lakh crore for Analysis, Improvement 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 stated, the federal government was laying the inspiration of a future-ready economic system. “As Prime Minister has stated, ‘That is India’s second’. The world recognises India as a key engine of worldwide progress. I urge our entrepreneurs particularly MSMEs to leverage our FTAs, put money into innovation, scale globally, and turn 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 Providers; 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 Shopper 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 Reward 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, stated the winners mirrored broader adjustments underway within the economic system. “Accelerated reforms, deeper international integration and AI revolution are collectively reshaping India’s economic system, unlocking unprecedented alternatives for entrepreneurs. Our 2025 winners signify the easiest of Indian entrepreneurship. Their tales remind us {that a} new India is rising – impressed by daring concepts, world-class execution and fixed innovation. I prolong my heartfelt congratulations to all of the winners for the distinctive influence they’ve created.”
