Please help me understand high growth businesses sir🙏
I see Paytm and PhonePe both at all retail locations (Paytm is not a monopoly)
I ask those retailers about Paytm or PhonePe and they give same response that both charge a lot and have restrictions/delay for withdrawals
I recommend them to us BHIM and stick BHIM QR CODE for taking payments which are instant and free
Apart from that Paytm tried everything from online marketplace to broking to food delivery (ONDC) but did not succeed anywhere
Comparing zomato is like comparing Apples (tomatos ) to oranges
And sitting on 2x or Xx profits has no relevance whatsoever
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