After going through funding winter in 2016 and a volatile investment environment in 2017, the Walmart-Flipkart deal has brought warmth to the domestic startup universe. “I consider this as one of the tipping points in Indian startup ecosystem. Indian startups can attract global money (Tiger Global, Softbank, Microsoft, etc). Rahul Vengalil founder of digital marketing audit firm what clicks, said the Walmart-Flipkart deal reiterated the potential of Indian market. He, however, warned against it leading to domestic startups going “back to vanity metrics due to the increased interest, which could lead to more failed startups”.

Source: dna May 13, 2018 23:59 UTC