Indian E-Commerce Giant Flipkart Raises Massive $1B Round (techcrunch.com)

I like that the Indian start up scene is getting serious now. Entrepreneurs are brave enough to compete with the big players unlike a few years ago when most start ups were basically simple web apps or a tech consultancy kind of thing. As an Indian this gives me hope that a soon the brain drain will stop and a lot of talented Indians abroad (with connections and some money to invest) will come back to India to either start up or work for one.