You don't even need to extricate yourself from your razai.
Anindito Mukherjee / Reuters
In 2015, food tech was the most celebrated sector, with investors funnelling in as much as $300 million. Then came the downturn in 2016, which witnessed the closure of Dazo, Peeto, TinyOwl, SpoonJoy a...
If the recent news of HSBC's devaluation of Zomato by half and Flipkart losing bellwether status has been difficult to digest for you, Dominos India ceasing to be a unicorn is definitely going to have you reaching for the antacids. The poster boy of India's food industry and the country’s most loved pizza brand has taken a beating in its stock price, which has plummeted sharply from ₹2000 in Aug 2015 to ₹1000 in June'16, resulting in valuation of just under $1 billion, the benchmark level used to define startups as unicorns.