Opinion

So, a pattern is emerging in the Indian startup wars.
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
So, a pattern is emerging in the Indian startup wars. Number 2 and number 3 players in every space need to watch out for their survival as better-funded market leaders race ahead. While LocalBanya seems to have shut down, BigBasket is about to raise another big round of Rs 800cr. Softbank-backed Oyo Rooms is looking to acquire Tiger-funded Zo Rooms, as 'the Tiger' steps back on its investments and waits for its portfolio companies to battle it out. Flipkart has raised enough money, but needs a path to an IPO. Amazon India has enough cash on its parent's balance sheet and Snapdeal has Alibaba and Softbank backing it. So does PayTM, which is attacking the big 3 from the outside. So, don't look for any immediate consolidation there. Hopefully, the e-commerce market is big enough to sustain all four of these big boys - Comment
 


Page 382 of 496