Postman, which was once valued at $5.6 Bn (INR 46,925 Cr), has reportedly struck secondary deals recently at a steep 30-40% discount to its peak valuation
The sharp discount in Postman’s valuation points to the decline in value for SaaS firms on revenue multiples, ET reported
Angel and early investors have partially sold their stakes in the Bengaluru-based firm in the latest rounds, multiple sources were quoted as saying in the report
SaaS platform Postman, which was once valued at $5.6 Bn (INR 46,925 Cr), has reportedly struck secondary deals recently at a steep 30-40% discount to its peak valuation.
While secondary deals usually see a 10-15% discount to the last primary valuation, but the sharp discount in Postman’s valuation points to the decline in value for SaaS firms on revenue multiples, ET reported.