Investing in E-Commerce

Investors Looking at Investing in E-Commerce Companies

Private equity, venture funds, hedge funds are currently evaluating a number of online companies, especially niche single-category retailers in segments, according to source.
"We are very aggressively looking at investing in ecommerce, especially something with local connect or an offline presence," said Manas Tandon, principal at TPG Growth India, which has not invested in a consumer Internet company in India so far. "We have seen some interesting businesses," said Tandon, whose fund has backed businesses such as accommodation listings provider Airbnb and messaging app Viber globally.
Tandon declined to reveal the names of the companies that his fund is in talks with. Recently, Hong Kong hedge fund Steadview Capital made its India entry by investing in music streaming service Saavn, furniture site Urban Ladder and taxi service OlaCabs, the back-to-back deals an indication of the seriousness with which it views the India market.
Source: Economic Times

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Private Equity, Private Equity Firm, Private Equity Group, Venture Capital, Venture Capital Firm, Venture Capital Group, Venture Capital Industry, E-Commerce, E-Commerce Companies, Manas Tandon, TPG, TPG Growth India, India, Messaging App, Viber, Hong Kong, Hong Kong Hedge Fund, Steadview Capital, Urban Ladder, OlaCabs.