Indian e-commerce player Infibeam’s boldness may unnerve IPO investors

Indian e-commerce player Infibeam’s boldness may unnerve IPO investors

Vishal Mehta, co-founder and chief executive, Infibeam. Photocredit: Livemint

Infibeam Inc. Ltd is an oddball in the e-commerce industry. Its revenue growth is glacial compared with larger competitors such as Flipkart although, unlike them, it turned in a marginal profit in the first six months of this financial year.

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