So now that the dust has settled on the three big ‘digital’ IPOs that were due, the verdict is clear: Zomato and Nykaa were relative failures while Paytm was an amazing success.
Surprised at what I’m saying? No, it’s quite clear. What was the purpose of these IPOs? To get some money into the businesses as well as a lot of money into the pockets of the founders and the funders. Who accomplished that goal the best? Clearly, Paytm. Zomato and
