Zomato Mcap approx 60000 crore..equal to domi no pizza ( jubilant food) 41500+ burger king 6000+ westlife(MacD) 8000+ Barbeque nation 3300+ coffeday 900+ specialty restaurant 300 (60000)So valuation of zomato is equal to these all companies. I have no issues with Zomato.But definitely have issues with valuation of Zomato.
Zomato sole target was to be listing at hefty and its dream fulfilled with help of sebi , so no wonder if it become another startup fishes sold out to other big whale like Amazon,Ambani,Tata...at dirty cheap ...escaping to become another kingfisher and jet type bankrupt as continues huge losses
IPOs for loss making start-ups isn''t a move to raise growth capital, it''s basically harvest season for VCs to offload their liability to retail investors.
I don''t know why people here in the comment section are so critical of Zomato , please stay away if you think the company is so bad , personally i have used both Swiggy and Zomato and i found service of Zomato is much much better , one time i ordered on Swiggy and paid online , later i received a msg that my order has been delivered but i hadn''t received the order so i called customer care they refused to entertain my complain and said their delivery person had delivered the order , i had to literally threaten them of lawsuit and FIR , only after that they instructed the restaurant to send another order , to this day i don''t who who kept my first delivery of order , I never faced such issues with Zomato , they are prompt and have very good service , even their delivery person are well mannered , Zomato has a bright future.
Issue is not with zomato..Issue is with valuation of loss making company.. Zomato is no where better than Domino''s pizza. They also have home delivery system. Their valuation is 42000 But zomato coming with 60,000 .
The service is good it seems to be have more brand name as we use it..
daily compare to Clean Science & GRinfra Projects People are So curious In applying Zomato IPO they rather missed The GEM Stock Like Clean zscience & GR Infra
People are More probably To apply In issue For a loss making Company
This Zomato IPO would give profitable exit to early investors and also sufficient cash for the company to burn in the years to come. There are many ways to burn money and giving it to Zomato is one of the options.
TC pharma ..is it Indian Compnay or Based on Thailand?
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July 10, 2021 12:35:17 PM
Top Contributor (200+ Posts, 200+ Likes)
Hi all I never used Zomato. I have always used Swiggy, and I like its services too much, so much that i didn''t even want to try zomato. Now my question is, can someone who have used both throw some light, by comparing Swiggy and Zomato in terms of services,discount, application, customer care etc ( not financials) ? That will be helpful in knowing how good/bad zomato is.
Zomato offers much discount as compared to swiggy and even the price menu is high in swiggy as compared to Zomato for same resturant. So Zomato is much better as compared to swiggy. Also no bug is found in Zomato app till date. Payment method, delivery, discount is much better as compared to swiggy.
I have ordered over 500 times in both counter but swiggy customer care far better then worst zomato , zomato never hear anything bad quality, complain... while swiggy reverse 100% amount immediately if quality of ordered foods is bad .