26 Oct 2025 | 5 Mins Read
Zomato's IPO valuation email warning remains relevant
Flipitmoney
Sanjeev Bikhchandani, Info Edge founder, advised Deepinder Goyal, Zomato's founder, not to chase a high listing pop and prioritize retail investors' interests in IPO pricing. His framework centered on three constituencies - current shareholders, institutional investors, and retail investors - and emphasized the importance of balancing their competing interests to maintain a company's reputation.