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A round-up of Penn mentions in local, national, and international media.
Penn In the News
Kartik Hosanagar of the Wharton School said that Vijay Shekhar Sharma, founder of India’s fintech company Paytm, “likely has low equity holding on a percentage basis. But the company’s valuation is very high so his stake in Paytm is still worth a lot on paper.”
Penn In the News
Kartik Hosanagar of the Wharton School spoke about the tech industry in India, noting the pressure investors place on young startups to yield high returns. “These companies have raised massive amounts of money at sky-high valuations and they need to grow at a fast clip to justify those valuations,” he said.
Penn In the News
Kartik Hosanagar of the Wharton School attributed Amazon’s international success to its omnichannel model, which allows customers to shop online and at brick-and-mortar stores. “The value of a physical channel is even more in India because a large portion of India cannot still be reached on the internet,” he said.
Penn In the News
The Wharton School’s Kartik Hosanagar weighed in on Nevlekha, a new platform from Google that uses AI to render PDFs in Indian languages editable, making them easier to share online. “It’s only one of a series [of moves] Google will need if it hopes to penetrate the hundreds of millions of Indians,” said Hosanagar.
Penn In the News
Kartik Hosanagar of the Wharton School comments on the benefits of surge pricing.