Flipkart investors got a bailout: Indian e-com site Founder
K Vaitheeswaran, Founder of India's first e-commerce website Indiaplaza, has said Walmart bailed out Flipkart's big investors, since the startup was "going down the drain." "In 24 months there would have been no value left, because Amazon would have totally dominated the market," he added. The investors exiting Flipkart after its deal with Walmart have been "really lucky," Vaitheeswaran added.