"Mr. Bansal, who founded Flipkart along with Binny Bansal in 2007 as an online retailer of books, said he wanted to eventually list the company which is currently unprofitable."
6 years of no profit and able to raise a further $200 million?
Unfortunately, thats how companies run, see Facebook, no viable business model or profits to show before it went IPO.
I wonder if I shop around the VC companies and tell them I have not made a profit selling domain names over the past ten years they will want to give me millions?
(-:
All you need is contacts who can convince ppl. with money to invest in your idea, no matter how outlandish the idea maybe