In a bid to counter Amazon's threat in India, Flipkart and Myntra are expected to seal a 330 million dollar deal anytime. An official announcement of the deal is expected later today.
What does this deal mean for the e-commerce sector and does this signal heavy consolidation in the space? To discuss this Bloomberg TV India spoke to Mahesh Murthy, Founding Partner of Seedfund.
This video is originally sourced from Bloomberg TV India, you can watch it here: http://www.btvin.com/videos/watch/722...
official secrets In Business: "Bad Time To Be An Investor In E-Commerce" | |
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