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Betty Chum · · 3 min read

Zomato’s IPO, explained

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Hi readers,

“Dream, dream, dream. Dreams transform into thoughts and thoughts result in action.” – APJ Abdul Kalam

Do things seem difficult at the moment? Hang in there, you can do it. And do not forget to pat yourself on the back and celebrate when you can.

Like many of you, I too battled many challenges on personal and professional fronts. I have not declared victory yet. I know it is a work in progress.

Almost one year ago, I decided to switch jobs. You know how it is – multiple rounds of interviews, rejections, and then the anxiety of losing my current job amid a pandemic-struck economy.

Today, I generally feel a lot better. I am also celebrating the second premium story I’ve written for Tech in Asia. It has been a great first month here for me, and I am learning so many new things. For example, I have never addressed readers like this before. I hope this note is good enough.

Writing the Zomato IPO story has been another learning experience for me. First, it helped me understand what an IPO is and why it matters to startups. Looking through Zomato’s financials, business challenges, possible future ventures, and more gave me a deeper understanding of the space. A special thanks to my colleague/mentor Collin for helping me at every step.

“The future looks exciting. I don’t know whether we will succeed or fail – we will surely, like always, give it our best.” – Zomato CEO Deepinder Goyal

Aren’t we all feeling the same?

Kul Bhushan, journalist at Tech in Asia

PS: Here’s my favorite headline that didn’t make the cut: “Do you smell what Zomato’s cooking with its $1.3 billion IPO?”


TOP STORIES THIS WEEK


1️. 8 takeaways from Zomato’s investor deck for its $1.3b IPO
Zomato is the first unicorn startup in India to launch an initial public offering.


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Community Writer

Betty Chum

That person from Tech in Asia who sends you emails everyday