<p>Indian e-commerce firm Snapdeal expects to turn profitable in the next two years, its CEO said, as the company cuts costs and boosts efficiency in a market currently dominated by homegrown Flipkart and U.S. internet giant Amazon.</p> <p>Kunal Bahl, who co-founded Snapdeal in 2010, also told Reuters in an interview that the online marketplace provider backed by Japan&#39;s SoftBank Group did not immediately need to raise capital unless it makes an acquisition.</p>