It is important for India that Flipkart succeeds

For Scroll, 31 July 2014

“We believe that India can produce a $100 billion Internet company in the next five years and we want to be that company,” said Flipkart chief executive and co-founder Sachin Bansal, as he announced on Tuesday that Flipkart had secured $1 billion in fresh investments, the largest venture capital investment in an Indian internet company so far, and amongst the largest in the world. A company founded by two Bansals who are not brothers, and who met at the Jwalamukhi hostel of the Delhi branch of the Indian Institute of Technology, is now valued at $7 billion. Continue reading “It is important for India that Flipkart succeeds”