Anyone tracking Indian start-ups, e-commerce in particular, will tell you how Alibaba might play white knight, brokering a consolidation deal among desi players to take on foreign giant Amazon. Indian start-ups suddenly find themselves in a tough spot as category-leading investors such as SoftBank and Tiger seem to have hit the pause button. But with the venture funds concentrated on one end—seed to early stage—the question is where will the next round of capital providers come from? Now a lot is riding on the poster boys of Indian tech. Their success is important not only for them and their investors but will also have a ripple effect on the entire venture ecosystem.

Source: Mint August 24, 2016 18:33 UTC