Actually I liked their ticketing business also from customers/consumers stand point.
I don’t use paytm much for other services.
However, I am hopeful about their venture into insurance distribution, a step they have lately said they will focus on.
Policy bazar market cap is more than paytm at the moment.
So if they address the insurance arm rightly, my sense is it could be a game changer for them.
They may get good valuations if they succeed in insurance arm, that will be added benifit plus there is core business of financial services.
Let’s see, too soon to call anything.
Not sure what’s the valuations they are selling ticketing business at , I heard somewhere it’s deal size of 2000 cr.
If that’s the valuations they are eying, I think that’s not a great sell, if they sell that business at such value.
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