Voonik’s search for a business model takes it offline
Agreed Anupam, the article is an attempt at understanding why well-funded players will continue to work because they are not bothered about the cash burn, while smaller ones will have to arrive at a business model at some point or other. Secondly, it is a pertinent point you raise on why the likes of Flipkart and others are banking on tier-2 and 3 cities and yet the customer behaviour hasn't changed much.