Have been waiting for a bear market: Zomato CEO reassures staff amid share price drop

Zomato CEO Deepinder Goyal on Monday sent an email to his employees after its share price slipped record low. He wrote, "I've been waiting for a bear market…This is the thing about stock market…We had no control over our valuation going up from $8 billion in the IPO to $17 billion at our peak...What we do control is our execution."