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Alibaba is officially the big daddy of online retail in the world. The revenue it generates and its customer base are both marvellous. There is no doubt that whatever Alibaba touches now, turns into gold. However to grow its reach and gain the next billion customers in the online retail space, Alibaba is looking towards […]
13 Mar 2015
Who would have thought that the two 25 year-old young graduates from IIT-Delhi who were distributing bookmarks outside Gangaram bookstore (Bangalore) in 2007, will own a $5 billion company one day? Exactly, 13 years and 3 months after Amazon was started, two of its ex-employees from India decided to take up the idea of selling […]
29 Jul 2014
[UPDATE] So, 29th of July is going down in history for witnessing the largest ever VC funding round in an Indian company. Flipkart has officially announced $1 billion funding round co-led by Tiger Global Management and Naspers. Singapore’s sovereign wealth fund, GIC, along with existing investors Accel Partners, DST Global, ICONIQ Capital, Morgan Stanley Investment […]
29 Jul 2014