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Are there Indian startups which can attract a Skype-size deal?
Tuesday, 17th May 2011
"One thing is clear: if a company like Skype can attract a premium price, it is no big deal for Indian companies to get the same valuation," says Jolly. For Indian online start-ups, the successful overseas flotation of travel portal MakeMyTrip last year was a watershed moment of sorts for the fledgling sector. raised just $70 million from the IPO, whose successful Nasdaq listing and a $1-billion valuation demonstrated that the Indian e-commerce landscape was maturing and could attract a wide range of global investors.

Snap Deal, an Indian e-commerce firm that offers group buying deals akin to Groupon, has seen a steep rise in valuations, the experts say.
Publication : TOI
TAGS : startups  


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