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Flipkart, Ola, Others Join Hands To Set Up Lobby Group Indiatech

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It was in October last year Flipkart co-founder Sachin Bansal was said to be in talks to create a lobby group focussed on consumer Internet startups. The aim was to form a trade association to solely fight for local companies such as Flipkart and Ola, with the government for favourable laws. Basically, to weed out competition from foreign players like Amazon and Uber. Bansal’s dreams may be coming to life soon in the form of Indiatech.

As per a recent report, Flipkart and Ola are trying to include players like MakeMyTrip to launch an industry body to represent the interests of local ventures. The lobby group will be called Indiatech.org and........

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