In the cutthroat world of Indian e-commerce, the gap at the top is getting harder to ignore. Two recent institutional research reports, CLSA's India Consumer Sector Outlook and ICICI Securities' ‘Decoding New-Age Tech In India’, arrive at the same conclusion through different lenses. Flipkart isn’t just the market leader, it’s accelerating away from its closest rivals and doing so across multiple verticals simultaneously.
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