There is a huge problem looming over start-up investors in India, and not enough is being said about it.
As recently as two years ago, IPOs in India were being looked at as achievable dreams, as was profitability. There were many reports of Flipkart’s listing, none of which have come to pass. By 2016, founder Sachin Bansal was talking about the benefits of being private for as long as possible.
Snapdeal spoke of IPO ambitions even last year. Now, there are talks of whether the company can go it alone, get merged with Paytm, or be bought out by Alibaba. Snapdeal and