Pandemic pushing up valuations of e-com ventures: VC/PE players
The Hindu
Covid also put India under risk category for investment: V Balakrishnan
Valuations of e-commerce firms in India seem to be rising quickly, especially after the pandemic, with leading players expected to attract about $12 billion in funding over the next four years, industry players said. A recent Indian Private Equity and Venture Capital Organisation-EY report also indicated that the pandemic had accelerated the adoption of e-commerce deliveries by consumers, resulting in an increase in the valuations of online direct-to-consumer businesses in the country.
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