5 Biggest Milestones For Indian E-Commerce Industry In 2014

1. Consumer internet companies raised over $4 billion this year amid an unprecedented appetite for India’s digital pie. Over 1,250 new ventures sprouted, with the number of mobile-first startups growing fastest.

2. Flipkart, led by Sachin Bansal, became the first Indian e-commerce player to hit $1bn in sales (GMV); Snapdeal and Amazon followed suit.

3.Flipkart raised $1bn at a $7-billion valuation; the e-commerce major raised another $700m at $11bn valuation, becoming the third most valued privately held tech venture.

4. Jeff Bezos said Amazon intended to pump $2bn into the company's India operations.

5. Ratan Tata invested in Snapdeal, his first e-commerce bet in India; later picked up stakes in Bluestone and Urban Ladder.

Microsoft planning to ‘kill’ Internet Explorer

According to ZDNet's sources Microsoft is building a completely new browser to replace the ubiquitous but oft-maligned Internet Explorer.

This new Windows browser is being called "Spartan," and it seems it's a completely new browser not based on Internet Explorer at all.

This is pretty surprising, considering how long Microsoft has stuck with Internet Explorer, but what isn't shocking is that the new browser will reportedly look and feel more like Chrome and Firefox.