Hi:

Mr. Cyrus Driver, MD of Mumbai based PE fund, has written an
interesting article on VCCircle about '2009 Will be year of
buyouts in India".

Take a look at
http://www.vccircle.com/columns/2009-will-be-a-year-of-buyouts-in-india

He closes the article on a omnious note:
"2008 was not India's worst year. 2009 will be !"

My question is: with the consumer spending falling down, where
does that leave software startups in the retail and analytics space ?



thanks
Saifi.