The Expensive Search for India's Alibaba

♠ Posted by at Thursday, September 25, 2014 in ,,,,,, at Thursday, September 25, 2014

India's Prime Minister Narendra Modi provides the fuel. Investors searching for the next Alibaba add the fire. The result is skyrocketing valuations in Indian e-commerce.
Indian Internet plays have burned brightly this year, especially since two days in July when privately held Flipkart Internet announced $1 billion in funding and Amazon said it would pour $2 billion into its Indian e-commerce efforts. Read More..


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