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March 9, 2016 Flipkart’s mark-down augurs lean times for India’s tech start-ups
Photo: Hemant Mishra/Mint Bangalore: Cash-hungry Indian star-tups like Flipkart Pvt. are discovering the fundraising party’s winding down. The domestic e-commerce leader became one of the most prominent Asian start-ups to have its valuation slashed by a high-profile investor. Sending ripples through the industry, a Morgan Stanley fund marked down its value by more than a […]
