New Age Tech News Today

Paytms continued monetisation, improved profitability dynamics and discounted valuations as compared to global and Indian peers makes UBS bullish over the online payments aggregator.

For the December quarter, Nykaa expects consolidated NSV to grow in the mid-20s and revenue in the low 20s from the year-ago period

“Mutual funds as an industry and most fund managers have been able to do a pretty good job at evaluating the strength and the value proposition that most such new age companies are offering. When the first new age company came in, we were very averse to even looking at such loss-making companies coming in but there is a reason why each of these companies have the value that they enjoy today.” \

“We are seeing a little bit of froth being taken out. But I would just like to point out once again, that this is really being led by strong domestic flows and that should continue. Typically, what we have seen in the past is that, ahead of national elections, there tends to be a bit of a slowdown in the IPO cycle. So, one should expect a little bit of a slowdown in the next six months.”

Singapore : Jio Institute proudly hosted "Convergence-2023" at the Four Points by Sheraton in Singapore. This event marked a significant global initiative by Jio Institute, to provide a vital platform for knowledge exchange and collaboration between

Despite the recovery in earnings and correction in valuations for new-age consumer technology stocks, many fund managers are still hesitant to invest. Kislay Upadhyay, smallcase manager and founder of FidelFolio Investments, believes that most new-age companies lack a sustainable business model and are not capital efficient enough to justify investment. He suggests investors wait for a proven business model before entering such stocks.

The B2G sector, including defence, railways, and other such companies, has reached the end of its rally, Amit Jeswani observed. But other trends may open up in 2024.

“People forget history and how long these pockets of the market can give you pain. If you look at 2008, after the crash, that level came back to the small cap index in 2016. There was a brief bull run in the middle. Again from 2018-20, there was a 65% correction which meant that 90% of the stocks were down more than 50%. “

Hyderabad (Telangana) [India], May 14 (ANI/NewsVoir): Asias Largest Education Group Sri Chaitanya founded Infinity Learn, the Fastest Growing EdTech company in India is proud to announce that it has earned a Great Place to Work Certification

Undeterred by weak investor sentiment, state-owned Life Insurance Corporation (LIC) is set to make its stock market debut on May 17.