(This story originally appeared in on Jul 12, 2021)MUMBAI: The valuation of food delivery major Zomato that’s going public through an IPO with an indicative market capitalization of around Rs 60,000 crore, has been a topic of much discussion on social media with many raising an eyebrow if it’s really worth that much. People have mixed views. For some a tech-enabled company should be valued differently to a traditional company despite its losses. For some the IPO is a harvest opportunity for venture capital & private equity investors to offload their liability to retail investors, while some believe Indian food tech companies will reflect valuations earned by its global peers like DoorDash to a significant investor extent.