Flipkart, Snapdeal will be bought or dissolved: Murthy

Investor and Seedfund's Co-Founder Mahesh Murthy has said that Flipkart, Snapdeal and Shopclues will either be bought up and/or dissolved in the next few years. He added, "I do not believe they will be key players going forward in India". On Alibaba's India entry, Murthy said, "The Indian consumer will be in for a treat with Amazon versus Alibaba battle".