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Why Nykaa Scores Over Zomato On Itus Capital's Watchlist — BQ Edge

India is still learning how to invest in platform companies, says Itus Capital Advisors Pvt.’s Naveen Chandramohan.

<div class="paragraphs"><p>A display of Nykaa branded cosmetics at a Nykaa store. [Photographer: Anindito Mukherjee/Bloomberg]</p></div>
A display of Nykaa branded cosmetics at a Nykaa store. [Photographer: Anindito Mukherjee/Bloomberg]
India is still learning how to invest in platform or internet companies, according to Itus Capital Advisors Pvt.’s Naveen Chandramohan. He suggests to look at such businesses based on cash flows, not the path to profitability.Some of these companies will be understood over a period of time, the founder of the portfolio manager, managing assets worth more than Rs 700 crore, told BloombergQuint’s Niraj Shah during a BQ Edge event. Deve...
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