Why Inventus’ Kanwal Rekhi doesn’t regret giving Flipkart, Snapdeal a miss

Kanwal RekhiMany moons ago, Kanwal Rekhi and John Dougery, the founding partners of Inventus Capital, carefully examined two fledgling e-commerce ventures but passed up the investment opportunity. The two startups—Flipkart and Snapdeal—have eventually gone on to become unicorns valued several billion dollars. However, the Indian-American businessman and investor Rekhi has no regrets about not taking a […]

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Exclusive: Snapdeal explores merger talks with Flipkart, Amazon

snapdeal_feSnapdeal, India’s second-largest homegrown online retailer, has initiated preliminary talks with staunch rivals Flipkart and Amazon to explore a possible merger that could realign the country’s e-commerce industry. Two people directly aware of the development said that Snapdeal is open to a merger with either Flipkart or Amazon, India’s and the world’s largest e-commerce companies, […]

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