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Deepinder Goyal has now become India's newest billionaire, an achievement he reached 16 years after launching Zomato in 2008.

The surge in Goyal's net worth comes from the 4.19% stake he owns in Zomato, the shares of which have grown over 300% in just two years.

Goyal, who recently married Mexican model Grecia Munoz, owns about 36.95 crore shares in Zomato. Notably, the company's market cap is $24.25 billion, or Rs 2.01 lakh crore.

Based on the company's current market cap, Goyal's holding in Zomato is valued at Rs 8,423 crore ($1.01 billion).

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