"As part of our mixed product strategy, we are focusing on mid and high-end phones. Of the 40 new models that we are lining up for the domestic market, 10 to 12 models will be 3G-powered with a price tag of between Rs 8,999 and Rs 35,000," Chopra told mediapersons here on Thursday.
With several $500 million-plus deals in the pipeline -- including ICICI Prudential AMC, Lenskart, PhonePe, Groww, PhysicsWallah, Meesho, Pine Labs, and Zepto -- investment bankers look poised for another year of hefty bonuses in 2025.
Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.
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