India: For IPO success, Paytm needs more than a rub-off from Zomato’s exuberance

India: For IPO success, Paytm needs more than a rub-off from Zomato’s exuberance

Photo: Bloomberg

How many e-commerce firms does it take to fit a light bulb? None, because the bulb is redundant and so are the traditional metrics on which companies are valued in the equity market when it comes to these companies.

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