Zomato, Paytm, Nykaa, other new-age internet stocks see FPIs raise stake in past year

[Bilgin]

Zomato, Paytm, Nykaa, other new-age internet stocks see FPIs raise stake in past year Turn around in the business prospect of these new age tech companies has helped restore the confidence of Foreign investors. These companies are likely to turn profitable amid improving operating efficiencies, cost cutting efforts and building new revenue streams.