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.
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.
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