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binny bansal news

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Binny Bansal's advice for startups: ‘Incorporate in India even if you are…’

Flipkart co-founder Binny Bansal shared advise for Indian founders and said that more and more of them should incorporate their startups in India.
Published on Jun 13, 2024 10:08 PM IST

Kamath brothers, Bansals India's youngest billionaires, according to Forbes

Nithin Kamath, Nikhil Kamath, Sachin Bansal and Binny Bansal are all in their 40s.
Updated on Apr 03, 2024 01:51 PM IST

Binny Bansal invests 200 crore more in this ex-Flipkart executive's startup

Binny Bansal Curefoods funding: Binny Bansal’s additional funding is part of the firm’s ongoing round that started in April of 2023 where it raised 300 crore.
Published on Mar 18, 2024 12:29 PM IST

‘Company in capable hands’: Binny Bansal steps down from Flipkart board

Binny Bansal (File Photo/REUTERS)
Published on Jan 27, 2024 01:38 PM IST

Flipkart co-founder Binny Bansal opens new venture called ‘OppDoor’. Details

Flipkart co-founder Binny Bansal
Published on Jan 03, 2024 01:17 PM IST

Flipkart co-founder Binny Bansal to launch AI service startup

Flipkart co-founder Binny Bansal (File Photo/AFP)
Published on Nov 08, 2023 06:18 AM IST

Binny Bansal sells Flipkart shares worth over USD 14 million to Tiger Global

Binny Bansal, who had co-founded Flipkart with Sachin Bansal in 2007, continued to lead Flipkart as Group CEO and co-founder till November last year.
Updated on Sep 02, 2019 03:44 PM IST

Flipkart billionaire Binny Bansal breaks his silence after Walmart ouster

Binny Bansal, who departed after Flipkart’s new owner Walmart Inc. investigated alleged personal misconduct, is now focused on xto10x Technologies, a startup he co-founded with former colleague Saikiran Krishnamurthy.
Updated on Feb 05, 2019 05:11 PM IST

Flipkart billionaire CEO Binny Bansal’s exit puts corporate India on notice

Walmart Inc. announced that Flipkart co-founder Binny Bansal was leaving the company after an independent probe into allegations of sexual assault.
Updated on Nov 16, 2018 10:24 AM IST

How Walmart decided to oust Binny Bansal, an icon of the tech industry

Binny Bansal was stunned that officials from Walmart Inc., his startup’s new owner, were probing details of an affair years earlier.
Updated on Nov 15, 2018 08:32 PM IST

Flipkart seeks to soothe employee nerves after Binny Bansal’s exit

Binny Bansal, Group Chief Executive Officer of India's largest e-commerce firm Flipkart, poses at the company's headquarters in Bengaluru, India July 7, 2017.
Updated on Nov 14, 2018 08:55 PM IST

It was ‘consensual affair,’ says probe against Flipkart’s Bansal: Report

Binny Bansal, 37, stepped down as Flipkart CEO immediately following an independent probe into allegations of sexual assault against him.
Updated on Nov 15, 2018 12:00 AM IST

‘Stunned’ by allegations: Flipkart’s Binny Bansal writes to employees after stepping down as CEO

Co-founder of Flipkart, Binny Bansal, attends the launch of a Flipkart fulfillment centre on the outskirts of Hyderabad.
Updated on Nov 13, 2018 10:09 PM IST

Flipkart Group CEO Binny Bansal resigns after allegations of ‘sexual assault’: Report

Binny Bansal, Group Chief Executive Officer of India's largest e-commerce firm Flipkart, poses at the company's headquarters in Bengaluru.
Updated on Nov 14, 2018 12:17 AM IST

Flipkart’s Binny Bansal bullish on IPO, reaffirms omnichannel future

Sorry Amazon, Flipkart wasn’t impressed by Bezos’ $2 billion truck pose
Updated on Sep 18, 2018 10:36 AM IST

Why India’s investors need to get over their inferiority complex

Walmart’s acquisition of Flipkart has created shockwaves in India, with the realisation that the vast majority of its $16 billion price will go to foreign investors, namely Tiger Global, SoftBank, Naspers, and Accel Partner
Updated on May 24, 2018 07:46 AM IST

Tax dept to seek share purchase pact from Flipkart to ascertain tax liability

Singapore-registered Flipkart Pvt Ltd holds majority stake in Flipkart India. As per the definitive agreement between the companies last week, Walmart will acquire about 77 per cent stake in the Singapore entity for $16 billion.
Updated on May 13, 2018 01:12 PM IST

Walmart says Flipkart could go public in as early as 4 years

Minority shareholders after the deal include co-founder Binny Bansal, China’s Tencent Holdings, US hedge fund Tiger Global Management and Microsoft Corp.
Updated on May 12, 2018 11:21 AM IST

Many newly minted millionaires: Who gets what in the $16 billion Flipkart-Walmart deal

The logo of Flipkart is seen on the company's office in Bengaluru, India, May 9, 2018. REUTERS/Abhishek N. Chinnappa
Updated on May 11, 2018 06:17 PM IST

Sad to see Sachin leave, says co-founder Binny Bansal as he looks back at Flipkart’s journey

The two Bansals are not related but came to know each other as they were passing out of Indian Institute of Technology, Delhi in 2005 and decided to move to Bangalore, now known as Bengaluru.
Updated on May 10, 2018 04:25 PM IST

Will catch up on gaming, brush up my coding skills, says Sachin Bansal as he exits Flipkart

Sachin Bansal, Flipkart.com will exit the company post the Walmart deal. He has sold his entire stake in the company.
Updated on May 10, 2018 02:48 PM IST

Walmart’s $16 billion deal makes Flipkart’s Bansals billionaires again

Flipkart co-founders Binny and Sachin Bansal (who aren’t related) were both Amazon.com Inc. employees who quit to start their own e-commerce firm.
Updated on May 09, 2018 11:45 PM IST

Flipkart, Walmart set to announce world’s biggest e-commerce deal today

Flipkart’s group CEO Binny Bansal, who will also take on the role of chairman after Sachin Bansal’s exit, and CEO Kalyan Krishnamurthy (pictured here) are expected to remain at Flipkart after the deal goes through.
Updated on May 09, 2018 10:52 AM IST

Walmart likely to announce Flipkart deal before end of week: Report

The Flipkart Group includes fashion portals Myntra-Jabong, payments unit PhonePe and logistics firm Ekart.
Updated on May 08, 2018 03:28 PM IST

Walmart may bring along Google as partner and investor in bid for Flipkart

Flipkart’s board has virtually given the green light to the sale to Walmart and the deal is expected to close in a few weeks.
Updated on May 05, 2018 11:12 AM IST

Walmart more likely than Amazon to close deal with Flipkart

Walmart is in talks to take a minority stake in Flipkart that could go up to 50 or 60%, said the people.
Updated on Apr 12, 2018 11:46 AM IST