Will Zomato, Paytm pull off an Infosys with their upcoming IPOs? – Prabal Basu Roy

(Prabal Basu Roy is a Sloan Fellow at London Business School, UK. This column first appeared in Economic Times on July 9, 2021)

  • With respect to these unicorn listings, Indian markets could potentially be at the inflexion point today that Jeff Bezos and others found themselves in, while building a powerful, self-sustaining ecosystem in the US. Like Infosys, India will attract an entirely new class of global investors. The latter, having seen similar models play out in Nasdaq and Shanghai, would eagerly play the multiples arbitrage India’s listed unicorns would provide…

Also Read: Why Zomato IPO is a reason to cheer: Times of India

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