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Once Bitten Twice Shy: New-Age Companies' Second Coming Raises Doubts
Will investors go for the new-age IPOs after burning their hands first time around?
19 Jun 2024, 12:25 PM IST
Right after the devastating second-wave Covid pandemic, the new normal looked permanent, and the world was still working on digital mode. That's when five new-age companies went public — Zomato Ltd., CarTrade Tech Ltd., Nykaa, Policybazaar and Paytm. It was a story of spikes, falls of wealth destruction and some resurrection. As another page gets added into the tech initial public offering history of India with Ola Electric and Swigg...
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