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Beyond Balance Sheets: What Zomato's Founder Learned About Life (and Business)

  • Nishadil
  • November 16, 2025
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  • 3 minutes read
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Beyond Balance Sheets: What Zomato's Founder Learned About Life (and Business)

Deepinder Goyal, the visionary mind behind Zomato, has always been one for big ideas, hasn't he? Yet, his latest venture, 'Continue Research,' isn't about the next big app or market disruption. Instead, it’s a fascinating, almost philosophical dive into what truly makes an organization not just survive, but genuinely thrive over the long haul. And honestly, it all boils down to a rather profound, albeit often overlooked, principle: the well-being of its people.

Goyal and his fledgling think tank have just unveiled their inaugural hypothesis, a belief born, it seems, from the crucible of his own experiences navigating Zomato through the unpredictable currents of the startup world. Picture it: the frenetic pace, the sheer stress, the unexpected crises like the pandemic, and then, the high-stakes Blinkit acquisition. These moments, tough as they were, offered a stark clarity, a realization that perhaps, just perhaps, the traditional metrics of success were missing something fundamental. He observed, as he put it, that "happy individuals contribute to happy teams, which in turn leads to a happy and healthy organization." You could say it’s a rather elegant equation.

So, what exactly is this groundbreaking hypothesis? Simply put: “The most effective way for leaders to ensure the long-term well-being of their organization is to actively invest in creating the conditions for their employees to live fulfilling lives.” Let that sink in for a moment. It’s not about perks or ping-pong tables, mind you. It’s about the holistic picture—physical health, mental resilience, financial stability, and meaningful social connections. Because, let’s be real, a stressed, struggling workforce is hardly going to be innovating or pushing boundaries, is it?

This isn't just a fleeting thought, either. Continue Research is setting out to meticulously explore, validate, and ultimately codify this idea. Their ambition? To craft an "operating manual" for leaders, a practical guide that moves beyond platitudes to demonstrate how cultivating employee fulfillment directly translates into organizational resilience and enduring success. They plan to work with actual leaders, delve deep into research, and publish their findings for all to learn from.

And who’s bankrolling this ambitious quest, you might ask? For the initial two years, it’s entirely self-funded by Goyal himself. It’s a personal commitment, a testament to how deeply he believes in this concept. Only if the research proves genuinely impactful and capable of creating real-world change will they then consider seeking external funding. It’s a lean, focused team, driven by a singular mission: to uncover the deeper truths about what sustains an enterprise, well beyond the quarterly earnings reports. Because in truth, perhaps the greatest competitive advantage a company can have isn't in its product, but in the thriving lives of the people who build it.

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