E-commerce in India: From Tiger Global to Sequoia, top private equity investors tighten purse strings

Tiger Global Management isn't having what one would call a roaring time. Its biggest bet in India— e-retailer Flipkart—posted a loss of R2,306 crore in FY16, following it up with a loss of R1,296 crore in the nine months to December.

PEs eye womenswear brand Soch

Mumbai/Bengaluru: Ethnic wear brand Soch has held talks with private equity (PE) funds, including L Catterton, Westbridge Capital and CX Partners, for a majority stake sale valuing the company at around $200 million, people privy to the matter told TOI.

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