Valuation of Flipkart: Wake up call for start-ups?
“Start-ups” the most talked about word in India during the last one decade. The emergence of new age entrepreneurs re-energized the business atmosphere and created a paradigm shift over the centralized control held by the handful of business corporate houses to a large number of aspiring and enthusiastic youth who with their self-belief , risk taking abilities and innovative ideas created their own company – which we generally refer to as “Start-ups”. The rise of start-ups in India can be traced from way back between 1995-2000 when the world saw a dot com boom and one of the first Start-up emerged in India during that time was InfoEdge (best known for naukri.com). During all these years start-up ecosystem has evolved and has been supported by a lot of government economic policies which includes the Internet Policy (1998), New Telecom policy (1999) and the IT Act 2000(2000). The early 2000 also saw two other trends hitting the Indian market – first being the entry of foreign