Should you invest in Zomato's IPO ?

Question

The much awaited IPO of Zomato is here and is expected to hit the market around mid July.

Answer 1

The first popular perspective is don't invest in Zomato IPO as Zomatos business model is doomed & it has no sustainable numbers to show, except for inflated valuation.

The second popular opinion is must invest in Zomato IPO as it has brought a revolution in the Food business & the business doesn't have many players except for Swiggy. Also, Zomato has a large network I'm India & many other countries as well.

Answer 2

Yes it is the direct investment.you need to buy Zomato limited shares by opening a demart account with Angel one. So one should invest in zomato