Ecosystem Roundup: Amazon, Flipkart breach antitrust laws in India | Genesis raises US$125M for 2nd venture debt fund | Nansen acquires Stakewithus

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Ecosystem Roundup: Amazon, Flipkart breach antitrust laws in India | Genesis raises US$125M for 2nd venture debt fund | Nansen acquires Stakewithus - e27

Quick Summary:

Both companies have been accused of anti-competitive practices, including giving preferential treatment to certain sellers and using deep discounting tactics to dominate key product categories like mobile phones.

Dear reader, The recent findings from India’s Competition Commission (CCI) against Amazon and Flipkart underscore the ongoing challenges faced by global e-commerce giants in the Indian market.

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