Zomato defends itself after HSBC says its valuation is only half a unicorn

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 In another sign of the challenges facing food delivery startups in India, HSBC said in a recent report that it believes Zomato’s valuation is $500 million—half of the $1 billion valuation the company reportedly was pegged at after its eighth round of funding a year ago. Read More
http://techcrunch.com/2016/05/09/zomato-demicorn/?ncid=rss