“If there is a good exit option for any of the Snapdeal investors, some will exit creating a knock-down effect, as others with minority stakes in Snapdeal will want to exit, creating a duopoly in the market with Amazon and Flipkart, rather than a monopoly, over the next 12-18 months.”

Vidhya Shankar
Executive Director, Grant Thornton India LLP

This article apeared in The Hindu Business Line on 6th April, 2017.