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Burn is almost irrelevant with fundraise: Flipkart CEO
short by Aditi Verma / on Wednesday, 20 September, 2017
Flipkart's CEO Kalyan Krishnamurthy in a recent interview has said "burn is almost irrelevant" with the fundraise. Adding it is "not a metric that anybody worries about any more," Krishnamurthy said, Flipkart is "comfortable on the burn" it currently has. He further said, "Profitability is not the highest priority today" for the homegrown e-commerce startup.
read more at Livemint