Mamaearth IPO overvaluation is deep consern
Mamaearth has neither quoted nor subscribed to the valuation numbers which are doing the rounds on social media, co-founder of the company, Ghazal Alagh, said on Wednesday, clearing the air on the firm’s valuation for its initial public offering (IPO). Responding to social media users who had expressed concerns regarding the Sequoia- and Sofina-backed company’s …