Paytm: India's largest-ever IPO seen as a 'high-risk bet' for investors

'Nothing is really going to happen (for Paytm stock) in short-term. I would say demand will come through but maybe not a big listing pop,' says Rakhi Prasad, an investment manager with Alder Capital

Investing in Indian fintech company Paytm could prove to be a “very high-risk bet” and might not see a sizable jump when it lists on stock exchanges, a fund manager said on Tuesday.
 

“In Paytm’s case, where there is the strength of the network effects -- it’s the largest digital payments from a merchant’s perspective -- it has a long runway to capitalise on that and hopefully generate some profits along the way,” Rakhi Prasad, an investment manager with Alder Capital told Bloomberg TV’s Haslinda Amin and Rishaad Salamat.

“These are very high risk bets” she added, over the medium-