Ahead of 'Flipmart', India to Produce Home grown Internet Giants
Recently, we witnessed US retail giant Walmart acquiring a 77% stake in India’s largest ecommerce player, Flipkart. The deal, which is the largest ecommerce M&A transaction in the world, has received mixed responses from various parts of the country. While some call it a huge success for the home-grown Flipkart, others call it another Indian startup who surrendered itself to the gigantic US investors. With this deal, Indian e-commerce market will now look like an arena in which two American players, Amazon and Walmart, will be fighting and deals, discounts, Flipkart Coupons be a part of it. But despite this, one thing that has been made clear is that India has the potential of creating internet companies which can grab the attention of everyone in the world, and not just Indians. In recent times, we have seen some home grown companies like Paytm, Jio, Ola, Uber and of course Flipkart making it big and grabbing the attention of global investors. These big ticket inve