Infosys, Facebook IPOs faced issues too, hang in there: Info Edge Founder to Paytm CEO

After Paytm's shares fell 27% below IPO price on Thursday, Sanjeev Bikhchandani, the Founder of Zomato's early investor Info Edge, said that his advice to Paytm's CEO is to "hang in there". He added that Infosys' IPO had issues and so did Facebook, however, both have "become great companies". "If you execute well, share price will come back," Bikhchandani stated.