Thursday, July 2, 2015

10 high-profile shutdowns in the Indian Internet space

Increasing competition and shortage of funds were the two key reasons for the shutdown of many of these companies The Indian Internet industry*has attracted foreign capital to the tune of billions of dollars over the past couple of years. The stupendous growth of Internet companies such as Flipkart, Snapdeal, Ola, Quikr, etc., was backed by...
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