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Big names, money vie for Indian tech startups

Competition to secure market share drives up valuations although no e-commerce player is profitable yet

Bangalore

INTENSE interest from prominent investors is helping to drive eye-popping valuations among Indian tech startups.

Venture capital firms, hedge funds and the likes of business executives such as Rupert Murdoch are all vying for a piece of India's rapidly growing e-commerce

sentifi.com

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