Vivek Sinha is Executive Editor with VCCircle.
In Greek mythology, master craftsmen Daedalus gave a pair of wings to his son Icarus but warned him not to veer away from the flight path. Icarus, however, did not heed the words and rose higher only to see the wax wings melt. He fell to his death.
Listing on a junior exchange may not mean getting banished for life, but a smaller listing platform means missing out on high quality investor base.
The smokescreen surrounding the policies, such as selective clamp on e-tailing, and the loopholes that allow e-com firms to stay on the right side of the law while making a mockery of it, needs to go.