Just In

Deepinder Goyal to invest in aircraft startup launched by ex-Zomato COO

/2 min read

ADVERTISEMENT

LAT Aerospace, which is currently in stealth mode, plans to design and develop low-cost 12 to 24-seater STOL (Short Takeoff and Landing) aircraft.
Deepinder Goyal to invest in aircraft startup launched by ex-Zomato COO
Deepinder Goyal, founder and CEO, Zomato Credits: Sanjay Rawat

Zomato founder Deepinder Goyal has partnered with former Zomato chief operating officer Surobhi Das to launch an aviation startup LAT Aerospace.

LAT Aerospace, which is currently in stealth mode, plans to design and develop low-cost 12 to 24-seater STOL (Short Takeoff and Landing) aircraft to connect cities and towns.

Goyal is reportedly looking to invest $20 million in the aerospace startup.

“While building Zomato and traveling extensively, Deepinder Goyal and I often discussed how regional aviation should be effortless, affordable, and accessible. That’s what we’re now building at LAT,” Das said in a post on LinkedIn.

“Our aircraft will take off and land from ultra-compact “air-stops”—as small as a parking lot. Imagine dozens of air-stops across major cities, seamlessly linking them to hundreds of smaller cities without baggage belts, security bottlenecks, or expensive airport infrastructure—because regional air travel doesn’t need them,” Das said.

Fortune India Latest Edition is Out Now!
40u40: India's Brightest Young Business Minds

July 2025

In the world’s youngest nation—where over 65% of the population is under 35—India’s future is already being shaped by those bold enough to lead it. From boardrooms to breakout ideas, a new generation of business leaders is rewriting the rules. This year's Fortune India’s 40 Under 40 celebrates these changemakers—icons in the making like Akash Ambani, Kaviya Kalanithi Maran, Shashwat Goenka, Parth Jindal, Aman Mehta, and Devansh Jain—who are not just carrying forward legacies but boldly reimagining them for a new era. Alongside them are first-generation disruptors like Sagar Daryani, scaling Wow! Momo with a vision to take ₹100 momos to 5,000 cities, and Palak Shah, turning the Banarasi weave into a global fashion story with Ekaya Banaras. These are the entrepreneurs turning ambition into scale. And even beyond traditional industry, the entrepreneurial wave is pulling in creative forces—Ranveer Singh, for instance, is shaking up wellness and nutrition with Bold Care and SuperYou, proving that passion, backed by purpose, is the new blueprint for building brands.

Read Now

“We’re based in Delhi NCR and assembling a world-class team of engineers, designers, and builders to take on the toughest challenges in aircraft design, aerodynamics, materials & composites, hybrid propulsion systems, and turbo-machinery,” she added.

Sharing Das’ post, Goyal said, “Excited to bring a decade old idea to life. “Folks – Surobhi is looking for the founding engineering team for LAT, in the fields of aircraft design, aerodynamics, materials & composites, hybrid propulsion systems, and turbo-machinery,” Goyal wrote on LinkedIn.

In a separate development, Goyal said Zomato customers are now “rescuing” 75% of eligible cancelled orders and this number is steadily increasing. “At the current rate, we are saving over 150,000 meals in a month,” he said.

Zomato doesn't encourage order cancellation, because it leads to a tremendous amount of food wastage. Inspite of stringent policies, and and a no-refund policy for cancellations, more than 4 lakh perfectly good orders get cancelled on Zomato, for various reasons by customers.

To deal with this, Goyal announced Food Rescue in November last year. Under this programme, cancelled orders pop up for nearby customers, who can grab them at a cheaper price, in their original “untampered packaging”, and receive them in just minutes.

“On average, these orders are claimed within 2 minutes and delivered in under 9 minutes,” said Goyal.

Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.