E-tailers’ Business Models Have Not Worked: Pai
Business models of e-tailers in India are not just running out of steam but even have not worked, says information technology industry veteran TV Mohandas Pai. “E-tailers will have large problems because their model is running out of steam. The model has not worked. So, people are reluctant to give them money. They got work it out. It’s going to be a tough year,” the former CFO of Infosys said.