‘Continue’ New Health Tech Firm Announced by Deepinder Goyal, CEO of Zomato

Nitin Konde, Varun Bhardwaj

Oct 23, 2024 — 2 min read

Deepinder Goyal’s Continue Health Tech Firm

Co-founder and CEO of Zomato, a meal delivery service, Deepinder Goyal, has launched a new business called "Continue" to enter the health and mental fitness sector. However, the company has already cleared that Zomato will work as a separate business entity.

The new company's registration name is "Unslope Advisors Private Ltd." The company was founded on April 7, 2024, and has two promoters, Goyal and Ashish Goel, according to Registrar of Companies (RoC) papers that a media source was able to access. They gave the business an initial investment of INR 50 lakh.

Organisational Framework

Goyal is listed as a director in the company's filings with the Ministry of Corporate Affairs (MCA), and Akriti Mehta and Simrandeep Singh, who are employees of Zomato, serve as additional directors. Singh joined Zomato six years ago, while Mehta has worked with the company for seven years.

Although his precise function has not been made clear, Ashish Goel, a former executive from Zomato and Blinkit, is also a part of Continue. The business has INR 50 lakh in authorised and paid-up capital, according to records. The paid-up capital is the amount that shareholders have paid, whereas the authorised capital is the utmost number of shares that the company can issue.

Giving Priority to Health and Wellness

Continue will emphasise numerous health objectives, including preventive health measures, nutrition, sleep monitoring, and mental wellness. The venture's focus is in line with Goyal's personal interest in longevity and prolonging human lifespan.

Goyal clarified in an online statement that Continue acts as his personal wellness and health team, assisting him in maintaining his best performance. He also mentioned that the company is developing new tools and insights and that once they have enough proof, they may decide to make their discoveries public.

Companions in Business and Industry

Goyal has already invested in other businesses, such as Ultrahuman, a firm that makes wearables that analyse fitness variables like heart rate, sleep, and nutrition. Continue is his most recent venture into the health and wellness sector.

Since making his initial investment in Ultrahuman in 2021, Goyal has grown his ownership of the business, now owning more than 8%, according to the most recent data. With initiatives like Fitso, which was eventually acquired by Curefit, Zomato's CEO has already demonstrated an interest in health and fitness. Other former Zomato executives have also started their own health-related businesses, such as co-founders Pankaj Chaddah (Shyft) and Gaurav Gupta (Gabit), both of which have drawn a lot of interest from investors.

Zero Effect on Zomato's Revenue

Goyal clarified that Zomato is not a part of Continue and is still concentrating on its primary business segments, which include food delivery, Blinkit, Hyperpure, and District, notwithstanding the debut of the new initiative. According to a Zomato representative, the company is not expanding into new markets and operates completely independently of Continue.