Should Zomato and Swiggy valuations move in tandem? Chakri Lokapriya answers
29 October 2024
Chakri Lokapriya, CIO & MD, TCG AMC, in terms of Swiggy and Zomato, Swiggy has seen the private equity investors using Zomato as a benchmark and as its valuation is coming down, Swiggy has been rated down. So, this chicken and egg story is kind of impacting Zomato more and therefore all their growth plans which again need capital will go on the back burner and that means it is going to hold back growth of the company. For a growth company, holding back growt ..
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https://economictimes.indiatimes.com/markets/expert-view/should-zomato-and-swiggy-valuations-move-in-tandem-chakri-lokapriya-answers/articleshow/100119561.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Chakri Lokapriya, CIO & MD, TCG AMC, in terms of Swiggy and Zomato, Swiggy has seen the private equity investors using Zomato as a benchmark and as its valuation is coming down, Swiggy has been rated down. So, this chicken and egg story is kind of impacting Zomato more and therefore all their growth plans which again need capital will go on the back burner and that means it is going to hold back growth of the company. For a growth company, holding back growt .. Read more at: https://economictimes.indiatimes.com/markets/expert-view/should-zomato-and-swiggy-valuations-move-in-tandem-chakri-lokapriya-answers/articleshow/100119561.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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