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Zomato founder opposes HSBC valuation claim

Zomato founder opposes HSBC valuation claim

New Delhi, May 9 (IBNS) Co-founder and CEO Deepinder Goyal of Zomato, an online restaurant aggregator, in a blog on Monday has opposed HSBC's claim it has halved the valuation of Zomato to US$500 million on concerns over business model, competition and loss in international business.