Will Amazon’s food delivery ambitions dampen Zomato's Indian IPO plans?

“Whatever business you’re in, every night get down on your knees and say, ‘Please God, don’t let Amazon come into my business’”, Aswath Damodaran, professor of finance at the Stern School of Business had said at a Nordic Business Forum about two years ago. “… because whether Amazon makes money or not, I will guarantee you every other business in that industry will lose money,” he explained.