HighKart.com has become the first e-commerce site in India to exclusively accept bitcoin as a payment method.
Launched by Delhi-based entrepreneur Amit Kumar, the online store retails more than 150 products, ranging from digital currency mining equipment to fashion accessories.
Currently, there are more than 500 e-commerce startups in India – most having popped up within the last five years. Companies like Flipkart are dominating the local market, making it difficult for new players to enter.
