Zomato IPO - A Non-Linear Growth Opportunity: IDBI Capital

A Zomato food courier places cartons of food into a delivery bag in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Zomato IPO - A Non-Linear Growth Opportunity: IDBI Capital

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

IDBI Capital Report

Zomato, one of the top five unicorns of India, is a platform company which has successfully solved for convenience by connecting restaurants with customers.

By using technology and a fleet of delivery partners, the company has created a capital light compounding machine which creates an eco-system wherein the best of the restaurants will make more money (as Zomato brings more customers driven by quality reviews/ratings) while customers enjoy convenience along-with right-quality product and delivery partners enjoy part-time income.

Platform companies have ruled wealth creation globally.

We believe, Zomato, as a platform and being category leader, will continue to drive outperformance in food services industry in India.

Click on the attachment to read the full report:

IDBI Capital Zomato IPO Note.pdf

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