“Surge in Valuations for Indian Startups is Here to Stay”: Vijay Shekhar Sharma

The founder of Paytm, Vijay Shekhar Sharma has said that the surge in the valuation for Indian Startups is not going anywhere. He also said that people are underestimating the opportunities that the startups in India hold. These startups have lured investment worth $7.6 billion into Indian Tech Companies. Other than that FSN e-commerce Ventures Ltd., the parent company of Nykaa, Zomato has also seen a rise in the demand for its shares.

Many fintech companies are being interested in making an investment in Indian startups including Google, Walmart, Phonepe, and Amazon. Digital Payment has also seen a surge in the last five years, estimated to be $2.2 trillion by the March of 2023.