Equity analysts are divided on Policybazaar's fall. Some say large IPOs tend to get a cold response on or soon after the listing day, while others say some profit booking has caused the fall.
Twenty-five years on, Info Edge, one of India’s oldest Internet companies, has four solid businesses and the power of data to help it ride the waves of change in technology and innovation.
A host of startups—including BigBasket, Delhivery, and MobiKwik—are expected to cross the $1 billion valuation mark this year.
2018 belongs to unicorns in India, with eight startups achieving a valuation of $1 billion. As firms continue to attract funding from global investors, the unicorn party is far from over.
The deal volume, however, rose 22% to 165 transactions during the period due to increased deal activity on the Internet and computer software segments.
Does the valuation of PolicyBazaar.com—India’s newest unicorn—suggest that security is more valuable than aspiration, around which BankBazaar’s business model revolves?
