E-commerce boom a bubble?

So, e-comm is booming, right? According to a report published by Bloomberg, foreign hedge funds, asset managers and investment firms have invested almost $4 billion in just 26 Indian tech and e-comm start-ups in the last 15 months. According to the report, there is great cause to be optimistic about the sector, given the demographics of the population in India, and the growth in internet usage. The report simultaneously warns that growth ultimately depends on the rising purchasing power of Indians, even if the environment and funding facilitates growth of technology. Read the report here .