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Is the Bubble Bursting for India's Online Start-Ups?

In September PM Modi visited Silicon Valley calling on deep-pocketed investors to turn their attention to India's thriving start
In September PM Modi visited Silicon Valley calling on deep-pocketed investors to turn their attention to India's thriving start
Mumbai: Hundreds of layoffs at several Indian start-ups have sparked fears the bubble is starting to burst for the country's e-commerce companies, amid claims by analysts that many of them are overvalued. Restaurant search website Zomato, food delivery app TinyOwl and property portal Housing.com are all letting staff go, and experts are warning of echoes of the dot-com boom which crashed spectacularly in 2000. "The valuation bubble...
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