Are e-commerce valuations rising too fast?6 min read . Updated: 22 Aug 2014, 12:26 AM IST
There are doubts whether the gush of money into e-commerce is backed by a corresponding improvement in its fundamentals in India
Bangalore: Three months ago, the founder-CEO of a top 10 Indian e-commerce company received an overture from three venture capitalists (VCs), who offered him cash his company didn’t need. When he told them the company was well-funded, the investors offered him a sweetener: they said they would double the start-up’s valuation.
Select your Category