"Alibaba deciding to start operations directly shows how badly their Indian investments have done so far" - sachin bansal.

Alright – so Alibaba is entering IndiaΒ and while that’s a great reinforcement of Indian ecommerce opportunity, it also says a few things about Alibaba’s investment in Paytm ($680mn) and SnapdealΒ ($500mn round).

Flipkart’s Sachin Bansal sums it cleverly

Ouch!

Kunal Bahl takes a shot at Flipkart over the much talked about 27% drop in valuation

Now wait for Paytm to do a PR?

The State of Indian Ecommerce

This pretty much describes it.

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