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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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