Arvind’s life — and death — is the story of the joys and grief of an entrepreneur’s life. It goes beyond the hype of valuations, battles with dominant investors, and billion dollar listings. It is the story about the sense of immortality that all of us entrepreneurs carry proudly on our shoulders. That works most of the time. But, like in Arvind’s instance, doesn’t sometime.
Chinese online giant Alibaba’s talks with Flipkart for a stake in the Indian ecommerce company have “gone cold” after Walmart, the world’s largest retailer, seems to have breasted ahead in talks to acquire a strategic stake in the Bengaluru-headquartered company.