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Startups: Is the ascent of deep-pocketed international cos Amazon, Alibaba hindering reasonably than serving to India’s startup ecosystem?

Early in February, WhatsApp, the messaging service with over 200 million customers in India, unveiled an in-app funds service to pick customers. Instantly, Paytm, the largest participant out there, went on the offensive, with founder Vijay Shekhar Sharma accusing WhatsApp’s father or mother firm Fb of “brazenly colonising our fee …

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