Amazon is fumbling in India
“Founders – whether it’s Deepinder, Aadit, or Vidit or the team at Flipkart – have out-executed the management team of Amazon,” an analyst said.About two years ago, a VC firm was evaluating an investment in a quick-commerce startup in India. The company’s instant delivery model was showing signs of success in the South Asian market, even as many startups in the space were struggling in developed markets.But the firm was wary: Could Amazon swoop in and dominate this nascent sector with its heft, scale and re ...