India’s e-commerce platforms had a dream run in 2018. Will new government policies cut that short?
8 Jan 2019 2:30 AM GMT
The Modi government last month announced several restrictive changes in its foreign direct investment policy for online retailers.
- Last year was so good for India’s young internet firms that just 13 such ventures together raised over $100 million (Rs 693 crore).
- On December 26, the Narendra Modi government abruptly announced several restrictive changes in its foreign direct investment policy for online retailers.
- Even as 2019 looks hard amid the new government policies, there is a glimmer of hope.
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