India: Flipkart, Ola’s protectionist calls put key investors Tiger Global, SoftBank in a spot

India: Flipkart, Ola’s protectionist calls put key investors Tiger Global, SoftBank in a spot

Photo: Mint

The founders of Flipkart and Ola have called for government protection from their deep-pocketed US rivals Amazon and Uber, but such demands have put their main funders in a strange position. Tiger Global Management owns roughly a third of all Flipkart shares as well as a smaller stake in Ola, but has invested more money in Amazon and Uber.

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