Flipkart launches fund to support early stage startups. Fund to target startups in e-commerce, financial technology, payments and complementary spaces. Aim of the fund is to build the ecosystem with world-class founders and ideas. Over 400Mn internet users, tech adoptions in India are at inflection point, the firm said in a statement. Millions of people from Tier II & III cities & villages are expected to join digital stream over next years.

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