What does the start-up ecosystem think of the Flipkart – Walmart deal?

downloadThis month saw the wake of the largest e-commerce deal – the Flipkart Walmart Deal. The majority of the startup ecosystem hailed this move.

Let’s have a look at what the major players have to share about this:

1) Vijay Shekhar Sharma, PayTM

“I call it, perfect answer to those who were dismissive of Indian startups in an open-for-all market. What an incredible outcome for every believer of Flipkart,” said Paytm CEO Vijay Shekhar Sharma. “Sachin and Binny continue to make India proud with their audacious achievements! Cheers to everyone at Flipkart. Chapter 2 begins,” he added.


2) Kunal Bahl, Snapdeal

Snapdeal CEO Kunal Bahl, who’d often sparred with Flipkart on Twitter when the two companies were intense rivals, also graciously congratulated Sachin and Binny Bansal, saying that their journey has inspired many entrepreneurs in India.




3) Kunal Shah, Freecharge

FreeCharge founder Kunal Shah said that this could be the most important day for the Indian startup ecosystem.

Kunal Shah

4) Aakrit Vaish, Haptik

Haptik CEO Aakrit Vaish said that the deal was a sign that Indian tech’s time had come.


5) Manu Kumar Jain: Xiaomi India MD

Manu Kumar who co-founded online shopping platform Jabong also congratulated Flipkart.


6) Ananth Narayanan: Myntra and Jabong CEO

Ananth is excited and curious to see what will happen to Flipkart after this big deal.


The success of Flipkart is being seen as a window for the other Indian startups which are often shunned down. This, however, doesn’t mean that every other startup will get funded. Investors will still be wary of me-too startups and product ideas.However, these macro-successes usually give rise to micro-successes and cause a ripple effect in the business environment.

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