Quote on Zomato listing by Mr. S Ramesh, MD & CEO, Kotak Mahindra Capital Company
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Below is quote on Zomato listing by Mr. S Ramesh, MD & CEO, Kotak Mahindra Capital Company
The stellar debut of Zomato’s on the domestic bourse after attracting robust subscription is a testimony to the fact that investors are willing to bet big on new-age technology companies which have the characteristics of a disruptive business model. It is also a tribute to Indian entrepreneurship. With growing internet penetration and the number of smartphone user base increasing month after month, the entire private digital ecosystem will enable wealth creation and further deepen of our capital market in the coming years."
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