Lenskart, Paytm, Meesho: Why New-Age Stocks Could Deliver High Growth For Years

New-age companies such as Lenskart, Paytm and Meesho are attracting increasing interest from fund managers. These businesses are riding major trends such as premiumization, financialization of savings, digital adoption and the shift from unorganized to organized markets. Mihir Vora, CIO, TRUST Mutual Fund, explains why new-age companies could enjoy a long growth runway, how technology is creating new business models and why first- and second-mover advantages can create strong competitive moats. The discussion also explores terminal value investing, large addressable markets and the long-term opportunity across India’s rapidly evolving digital economy.