Investors who understand the business models of companies and see a clear path to profitability and revenues over the next few years should invest in high-growth companies like Zomato, Paytm and PolicyBazaar, says Nilesh Shah, CEO of Envision Capital. Shah believes such businesses are on track to become hyperscalers in India, and highlights PolicyBazaar, which aims to reach profits of INR10bn ($134m) by 2027, as a stock that could become a compounder with high annualised returns