India's banking valuations reveal a tale of two models: private banks command premiums through consistency, while PSU banks quietly rebuild trust after balance-sheet cleanup.
India’s unicorn surge is driven by a close network of repeat investors whose conviction capital consistently backs and scales category-defining startups.
Airtel and Jio prove that telecom success has multiple paths while one is maximising value per user, the other is maximising users per network, both building resilient businesses.
