15-04-2017 07:00 via feedproxy.google.com

The 5 biggest tech stories out of India this week

GUEST: It’s been an action-packed week for India’s tech and startup scene. Here are the highlights:
1. Flipkart raised $1.4 billion from Tencent and Microsoft and acquired eBay’s India operations.  India’s biggest commerce company has now raised $4.5 billion since it was launched nearly a decade ago. Most of the money will help fund its intense battle with Amazon. And, yes, the deal also marks the exit of eBay in India; it has formally folded up despite being ahead o
Read more »