Private equity funding losing interest in start-ups, says Goldman Sachs
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This slowdown has forced
However, the companies that have already attained a balance in their operations are not as such affected by this slowdown and are able to smoothly raise their capital.
"The newer ones are finding it more difficult," said the report. "Forced consolidation has led players with stronger balance sheets/scale to acquire the weaker companies in some cases," it added.
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The international e-commerce market is expected to grow at 20% in the coming three years with China and India being the major influencers. By 2020, the e-commerce space in India would touch $100 billion, driven by an increase in consumers' willingness and increase in access to mobile internet.
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