Welcome to TechThisWeek, our weekly wrap of all things startup and tech.
In this episode, Prashant Pitti, cofounder of online travel platform EaseMyTrip, weighs in on the acquisition of its peer Cleartrip by Flipkart, and discusses why focus on profitability is essential for consumer internet companies.
The reported $40 million acquisition of a startup that has raised $70 million till date is in line with Flipkart’s strategy to build a super-app. The ecommerce major had partnered with ixigo in the past to power its flight ticketing services. It is yet to be determined how the latest acquisition will affect the Flipkart-ixigo relationship.
According to Pitti, an Indian super app that captures public imagination is yet to emerge.
Also catch why the Indian startup and venture capital ecosystem has a gender bias, and other top news of the week.