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Friday, September 21, 2012 - 17:43 IST
Is the Indian e-retail industry a capital Black Hole?
BY Sanjeev Sularia
These are some of the common promises we hear being shouted within the Indian e-retail industry before every round of funding, without any due consideration to their business specifics or the market dynamics.
“We will be profitable in the next 1 year! …”
“Another round of funding should take us to order economic efficiency …”
The current e-retail model dynamics do not work
These are some of the common promises we...
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