Trying to be prudent in this macroeconomic environment: Flipkart CEO

'We have focused on compliance as a very key and fundamental pillar of the company for the last several years', he said

Walmart-owned e-commerce giant Flipkart will be more cautious in investing in acquisitions and businesses in an uncertain macroeconomic environment. In an interview with Peerzada Abrar, Chief Executive Officer Kalyan Krishnamurthy says the company will focus more on growing the bets it made in the past 12-18 months, including health, travel, and externalising its supply chains.  Edited excerpts:

How do you see the impact of the external macro-environment, including fears of a recession and inflationary pressures, on businesses and consumer sentiment?

Last year was a strong and accelerated-growth year. And of course, these days, it’s difficult to compare those periods because of Covid.