Zomato IPO: Early investor Sequoia talks about the food delivery giant’s origins and X-factor

Source: eflip.in eflip.in

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In 2006, when Deepinder Goyal decided to upload the menu from consultancy firm Bain’s cafeteria to the company’s intranet to deal with the long lunchtime queues, no one could have known that it would be the start of a long, arduous journey leading up to a historic public offering for food delivery company Zomato, one that valued it at over $10 billion. In a blog post, Mohit Bhatnagar, managing director of Sequoia India and a board member of Zomato for eight years, spoke about the startup’s early days, why Sequoia invested in it and what makes Zomato exciting. “I first...