HSBC Slashes Zomato’s Valuation By 50%; Deepinder Goyal Disagrees & Justifies Their Unicorn…
After Flipkart, its the turn of Zomato to feel the pressure of being a Unicorn and justifying it. HSBC Securities and Capital Markets (India) Pvt. Ltd has slashed the valuation of Zomato by massive 50%, that is from $1 billion to $500…