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Paytm, Zomato’s cost conundrum; insurtech’s rough season

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Madhav Chanchani

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Pratik Bhakta

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Madhav Chanchani

121 reads
author-image

Pratik Bhakta

192 reads

The Crux newsletter this week. Latest results of Paytm and Zomato make it clear that if you trim losses, the topline will suffer. This is also a problem for privately held unicorns. Plus, deals have fallen sharply in fintech, especially the insurance space

May 27, 2022

4 MINS READ

Two of India’s top unicorns, payments major Paytm and food-delivery player Zomato, declared their results just days apart, completing an essential rite of their new public life. The markets have nodded positively, lifting their stocks. 

But one significant area of concern in the results is costs, which are up again after dipping a year ago.

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