Big money is chasing sectoral leaders after a lull of two years; smaller companies, however, may see their growth plateau
Sectoral winners are gradually emerging in India
Similarly, Paytm, the most valuable homegrown consumer internet startup (after Flipkart was acquired by Walmart), once jostled with the likes of Freecharge, Mobikwik and Oxigen. It is the biggest in its segment with Flipkart’s PhonePe, a relatively new entrant, being a formidable competitor.(This story appears in the 28 September, 2018 issue of Forbes India. To visit our Archives, click here.)