Wednesday, December 23, 2015

Indian e-commerce set for a good shakeout in 1-2 years: Mohandas Pai

Many startups will die because they are not competitive and are only being kept alive with money, says the former Infosys director Predicting a “very good shakeout” in Indian e-commerce space, former Infosys DirectorT V Mohandas Pai slammed the exorbitant discounts and cashbacks offered by e-commerce players, calling them “subsidies”. According to a report by...
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