When the Indian government on 29 March allowed 100% foreign direct investment (FDI) in online retail of goods and services under the so-called marketplace model, a strange thing happened: there were no victorious celebrations. Most top e-commerce firms simply remained silent.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com