Profitability not the highest priority: Flipkart CEO 
Flipkart's CEO Kalyan Krishnamurthy in an interview this week said, "Profitability is not the highest priority today" for the homegrown e-commerce startup. He added that Flipkart wants "to bring as many people as possible into the e-commerce fold". Krishnamurthy further said the startup whose "large part" of business comes from mobile phones, is "comfortable on the burn" it currently has.