SUBSCRIBERS

High valuations of India's online firms cause concern

Investors fret that that could hamper IPOs, limit exit strategies

Sat, Mar 21, 2015 - 5:50 AM

MR BAHL: Says Snapdeal is valued at over US$5 billion and is expected to end the year with US$3 billion in gross merchandise volume.

PHOTO: BLOOMBERG

Mumbai

AS billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings and limit their options when it comes to turning paper profits into cash.

India's rising number of smartphone users,...

To continue reading

for full content

if you are a subscriber

Get our introductory offer at only

$0 .99*/month

Cancel anytime

*$0.99/month for first 3 months

$29.90/month for the next 9 months

Need help?

CALL +65 6388 3838 EMAIL btocs@sph.com.sg

OPERATING HOURS (+8 GMT) MON-FRI: 8:30AM-5:30PM

Register to read this article. Log in if you are already a subscriber. Register to read this article. Log in if you are already a subscriber. Please log in or subscribe to continue reading.