India Ratings and Research (Ind-Ra)

Online Retailers Exposed To Funding Risks?

India Ratings believes PE activity will remain muted in the foreseeable future, especially after a series of mark down in valuations of e-tailers by investors. Furthermore, the expected US Federal Reserve rate hike, a fragile global recovery and the recent amendment to the India-Mauritius tax treaty may keep global investors away from India, one of the fastest growing e-commerce industries in the world