Why Profitability Matters
In the absence of corporate governance that nurtures the interests of primary stakeholders, the entrepreneurial ecosystem will collapse.
by BT Guest Columnist
Oct 03, 2017
3 minutes
Kalyan Krishnamurthy, Chief Executive of Flipkart, recently said, "Profitability is not the highest priority today." He was not the first bossman of a large e commerce company to say so. Neither will he be the last. But what the CEO of Flipkart and other top e commerce honchos say, goes down to the trenches and is picked up as gospel by the smaller e commerce entrepreneurs.
Recently, one of us got talking to a small e commerce entrepreneur who started an aggregator website and application some time ago. Swiggy is a great example of
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