Notes &
That rapid growth has drawn the attention of venture capitalists who poured $183 million into 20 e-commerce firms in the last 12 months, up from $61 million for 13 firms in the previous 12 months.
Wow! and E-commerce is just starting up in India!
On a related note, check out this video interview of Sachin Bansal, CEO & Co-Founder of Flipkart, where he tells that the company is targeting Rs 500-600 crore revenue by March 2012.