The Expensive Search for India's Alibaba


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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