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It was not long ago that Kunal Bahl, CEO and co-founder of Snapdeal, announced that by the end of the current fiscal, that is 2015-16, his company will overtake Flipkart as India’s largest e-commerce company.
“That will not happen for the next one-and-half year. The market has become a lot more cautious from an investor’s perspective. Any lofty aims that anyone has, need to stay put for a while. Right now the focus should not be of becoming number one but becoming profitable,” said Sanchit Vir Gogia, Chief Futurist, Founder and CEO,Greyhound Knowledge Group.
Source: Hindustan Times
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