"Micho" Indian sells a share of his shares

The Indian e-commerce site Micho has sold a $ 125 million stake to investors such as Naspress Limited, Facebook and former managing director of UK-based mobile group Vodafone Group, Bloomberg said. A startup that allows users to communicate online and then buy and sell between them.

"Our sellers are retailers and 70% of them manufacture their products at home," said Vidit Atari, co-founder of the website.