Well I saw some blind posts on some employees becoming millionaires so I think it's all gucci
That's why in 2018 they called it a Series F
Press [F] to pay respects
Comparatively Swiggy and Zomato valuations have actually been sane, with room to grow
Everybody who invested money from the 2015 round lost money because even FD would have given better return for the 2015 investors
Prime example that one should not just study foreign markets and take everything else for granted. The west already has much better convenience stores at every nook and corner. Something was different in India.
Today BlinkIt eclipsed Z...
#stockmarket #indianmarket #shares
Swiggy was valued at $10B a couple of months back. Good luck employees waiting for ESOP buy-back in July 2023. Your shares are now worth half of what it used to be!
https://www.moneycontrol.com/news/business/invesco-cuts-swiggys-valuati...