Zomato CEO Deepinder Goyal: Valuation comes with pressure and that’s not the best thing

Mumbai: High valuations give startups more capital in the bank to do things, but it comes with pressure that’s not easy to handle, according to Zomato CEO Deepinder Goyal.

The food-delivery and restaurant-discovery platform knows a thing or two about fundraising. In fact it is likely to raise around $750 million-$1 billion through an Initial Public Offering (IPO) later this year, valuing the Gurugram-based firm at $6-$8 billion, as ET reported, leading the pack of Indian tech startups hitting the public market.

In an interview with ET’s Samidha Sharma and Apoorva Mittal on audio chat app Clubhouse, Goyal also spoke about Zomato’s journey over the past decade—from the days of Foodiebay to charting its IPO course.