News Snapshot:
The overwhelming response to Zomato’s Rs 9,375 crore IPO is a defining moment that marks a major historical milestone and a tribute to the entire private digital ecosystem. Zomato IPO is a landmark event and solid proof of cross-section investor interest in internet stories. There has never been an event like this! This is great for India, as the Internet economy is horizontal with dynamic influence on almost all vertical industries (from D2C brands to logistics). This will help unlock trapped value in multiple industries and entrepreneurs. Zomato IPO is a confluence of many well-known and commented upon factors. Now...
