part of capital getting deployed like phonepe for scaling up our core business are well on track from growth and profitability targetthey are self sufficient from capital need perspectivehow comfortable are you of fighting amazon from here on we have shown in the last six months that if you focus on your customers improve experience and innovate in the right manner you can continue to grow better your margins and not get bothered by competitioncan you share financial numbers which have improved over the last six to eight monthswe have reduced cash burn by about 30 over last seven eight months and started getting growth momentum back in a big way on the gmv side i think the other indicator is the number of order per customer and average basket size on myntra they are very positiveis ipo the next stepwe are taking a longterm view of opportunities in our portfolio in every area with no specific plans for an ipo i think we are well capitalised and we enjoy the support of our existing investors who are also looking at these longterm opportunitiesthe focus is on execution and delivering good growth over the next few quartershow do investors recoup capital invested in flipkart as a tenyearold company how do they exit and make good returnsfrom the point of view of investors they have been great since the last seveneight years as they continue to believe in the indian ecommerce story they are looking at building a very very large business here and that is the focus of everyone the company board and for us this capital again gives us opportunity to take longterm view and not get distracted what about industry growth remaining flat and your gmv being stagnant last two yearsthat was till sixeight month back weve seen great momentum in large appliances fashion mobiles and are betting big on private labels furniture and grocery which are categories of the future this makes us positive about growth coming back the market got overheated in 2015 and a lull set in last year but thats not there anymore for us we are looking to get to 5070 growth this yearyouve gone back to focussing on mobile phones to drive sales growth how will the push into newer categories and move away from electronics and mobiles affect growthwe look at overall growth large appliances is a key category where growth is shooting up and then theres fashion with myntra jabong and flipkart fashion there has been tremendous growth and we have brought back the whole customer experience and selection at jabong on a month to month basis growth momentum is really good in fashion