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There’s more good news for Indian foodtech unicorn Zomato. As per reports, NYC-headquartered equity research firm Jefferies has marked up Zomato’s valuation from $500 Mn in July 2016 to $865 Mn. According to sources, Zomato’s growing foothold in the country’s online food delivery industry, together with its aggressive pricing strategy and recent fundraise, have contributed […]
The post Equity Research Firm Jefferies Marks Up Zomato Valuation To $865 Mn appeared first on Inc42 Media.

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Reference : https://inc42.com/buzz/zomato-jefferies-valuation/