Multi-billion exits at Flipkart may spur deal activity in start-ups

The multi-billion exits at Flipkart may lead to an increase in deal activity in start-ups by second half of the year, say start-up observers.   The exits will boost the confidence of limited partners (LPs) who invest in venture capital (VC) firms. This will encourage VCs to deploy more as they would be more confident of raising new money, says a VC-turned-entrepreneur. ‘’Flipkart gives confidence to investors that India can produce global-scale firms,’’ says the partner at a VC firm.   “Already deals are more competitive, valuations are going up. I s.....

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