Zomato IPO: By the Rich for the Rich
Pro-market and pro-government economists and commentators will try to tell you that Zomato's record IPO is a sign that there is nothing wrong with the economy.
Pro-market and pro-government economists and commentators will try to tell you that Zomato's record IPO is a sign that there is nothing wrong with the economy. In reality, the IPO's mega success points to the fact that India's consumption story is saturated and all investments are meant only for the top 5% of the country's population.
Get the latest reports & analysis with people's perspective on Protests, movements & deep analytical videos, discussions of the current affairs in your Telegram app. Subscribe to NewsClick's Telegram channel & get Real-Time updates on stories, as they get published on our website.
