Paytm s continued monetisation, improved profitability dynamics and discounted valuations as compared to global and Indian peers makes UBS bullish over the online payments aggregator.
“Mutual funds as an industry and most fund managers have been able to do a pretty good job at evaluating the strength and the value proposition that most such new age companies are offering. When the first new age company came in, we were very averse to even looking at such loss-making companies coming in but there is a reason why each of these companies have the value that they enjoy today.” \
“We are seeing a little bit of froth being taken out. But I would just like to point out once again, that this is really being led by strong domestic flows and that should continue. Typically, what we have seen in the past is that, ahead of national elections, there tends to be a bit of a slowdown in the IPO cycle. So, one should expect a little bit of a slowdown in the next six months.”
Singapore : Jio Institute proudly hosted "Convergence-2023" at the Four Points by Sheraton in Singapore. This event marked a significant global initiative by Jio Institute, to provide a vital platform for knowledge exchange and collaboration between