Flipkart expects to be in profit zone in 2-3 years; hints at IPO
Driven by increasing Internet population and growing preference for online shopping, eCommerce companies have witnessed a huge jump in sales.
Oct 30, 2015, 20:36 PM ISTE-commerce giant Flipkart in no rush to go public
India`s biggest e-commerce firm Flipkart will remain private for the next three years at least, its chief financial officer said, nixing speculation that it would launch this year an IPO that some bankers had expected to raise a record $5 billion.
May 07, 2015, 17:24 PM IST