Amazon India head Amit Agarwal said the Flipkart-Walmart deal is good for India as it will allow free flow of capital and benefit the consumer, in his first interview after the biggest deal in e-commerce was sealed earlier this month. Walmart announced that it will pick up a 77% stake in Amazon India’s arch-rival Flipkart for $16 Billion a few weeks back.In an exclusive interview to ET NOW news channel, Agarwal also said he is happy with Amazon’s organic strategy when asked if he regrets not acquiring Flipkart & BigBasket earlier. “We are very happy with our organic strategy and the way it has played out. Our strategy has been to find missionary entrepreneurs out there with a similar motivation. We have made investments in Shopper’s Stop, Qwikcilver and Acko. We invest where we find synergies but overall our organic strategy is working fine,” Agarwal said.When asked on the Flipkart-Walmart deal and its impact on the e-commerce ecosystem, he said, “Our focus is not going to change. Our strategy is centered on things that don’t change. Its very fortunate we can take long term bets- customers will still want selection at a great price and convenience. Any investment in India is good because it allows free flow of capital and benefits the consumer.”Next week also marks Amazon’s fifth anniversary in India, 5 years in which its managed to build a dominant position organically with a 30% e-commerce market share compared to Flipkart group (including Myntra & Jabong), that has a nearly 40% market share, according to a recent Citi report.When asked if he’s confident of bridging this 10% gap and surpassing Flipkart in the next 5 years, Agarwal said they are already ahead. “What we know for sure is on the things that matter to customers that are measurable and using math we are ahead on all factors. If we keep our heads down focused, over long term, customers will choose us. Its still day 1 for us.”