Indian food delivery and restaurant aggregator Zomato made a stellar market debut this week with its stock surging 65%, giving the startup a valuation of about $14 billion. The successful outing of the homegrown company is a milestone event for India’s entrepreneurial ecosystem as several others queue up to list. Berkshire Hathaway Inc-backed Paytm, hospitality company Oyo Hotels and ride-hailing firm Ola, both backed by SoftBank, are among other Indian startups set to test public market waters.
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