Is it time to buy the fear and pick up Paytm or Zomato or Policybazaar?
“Companies that are in niche businesses and are a nascent sort of industry, structurally will do much better two or three years down the line. But in the interim, if the conventional consumer businesses are struggling in terms of conserving their profitability, these businesses will also be facing a question mark and will be far more vulnerable to what happens to the valuation,” says Dhananjay Sinha.
