India a challenging market, co to stick aound: Rocket Internet

Despite exiting Jabong and Fabfurnish, the German startup incubator Rocket Internet maintains it's going to stick around in India.

Hanno Stegmann, CEO of Rocket's Asia Pacific Internet Group told CNBC-TV18 that they are looking at other opportunities in this market. “We are looking at every market very carefully where we can allocate our capital best and it is true that India is a challenging market,” he said.Watch video for more...