"Since the beginning of the startup boom in India, we have been told by the wise that we have to learn from FB. Hope now they will say 'learn from Sharechat'."
Investors include Narayan Murthy’s Catamaran Ventures; Kris Gopalakrishnan, the cofounder of Infosys; Hemendra Kothari of DSP Blackrock; Accel Partners and SAIF Partners
Alibaba entities pick up the stake, a move that will likely increase non-Indian presence in Indian ecommerce.
The most active VC looks like a toss-up between Accel Partners and Sequoia Capital, with the latter inching forward; SAIF is somewhere near second runner up for the title with Blume and IAN rounding up the notable active VCs in India for 2016.