Ankit is doing something really amazing. Reaching close to Rs.800cr arr
Other big brands in food category (greater than Rs.1k cr arr)
So, someone was asking this question to me on GV 2d back like eatclub is spending so much on promotions. Will they be able to sustain?
Ans In foodtech if LTV > GMV-CAC then it's fine. People order 2k-3k worth food, so 5oo is a small cac...
VC here. Doing this for fun. Don't take all views seriously.
I know it's evolved to an affordable brand and does crazy well in tier 2 cities etc. But curious if any of you here also eat from Wow and how your experience is?
Zomato has only given the option to create multiple carts. But superstar PM thinks we can deliver from multiple restaurant. He has not even used the product and started giving gyaan on LinkedIn
