Binny Bansal

The US-based hedge fund, Tiger Fund, increased its equity holding in India's leading etailer Flipkart by buying 54,596 shares of its co-founder Binny Bansal for an estimated US $14.5 million (Rs 104 crore), business intelligence platform Paper.vc said on...

Binny Bansal, the Co-founder of India's leading e-tailer Flipkart, sold around 54 lakh of his equity shares valued at US $76 million (Rs 531 crore) to world's retail giant Walmart's Luxembourg entity FIT Holdings SARL, business intelligence platform Paper.vc...

Walmart-backed Flipkart has rejigged its senior leadership team, including appointment of Sriram Venkataraman as chief operating officer (COO). According to a PTI report: Venkataraman, who is currently the Chief Financial Officer at Flipkart, is assuming the additional role as COO,...

Flipkart Group Chief Executive Officer (CEO) Binny Bansal resigned on Tuesday over an alleged 'serious personal misconduct', the company said. "Bansal's decision to quit came after an independent investigation done on behalf of Flipkart and Walmart into an allegation of...

The face-off between the two e-commerce giants Flipkart and Amazon continues with the Walmart-backed company claiming it doesn't see much relevance for Indian users from the competitor, and Amazon contending that it remains the 'most visited and transacted' e-tailing...

Retail giant Walmart Inc. on Saturday acquired approximately 77 percent stake in e-commerce major Flipkart. According to a statement, Walmart now holds approximately 77 percent of Flipkart, while the remainder of the business is held by other shareholders, including Flipkart...

The tax department will seek share purchase agreement from Flipkart on the mega US $16 billion buyout by US retail giant Walmart to assess the tax liability and also to find out whether the GAAR provisions can be invoked,...

World’s largest retailer Walmart Inc has tried to assuage concerns around its US $16 billion takeover of Flipkart, saying the deal is good for the country as it will help create millions of jobs over time and help the...

Flipkart co-founder Sachin Bansal, who is exiting the Bengaluru-based company post the Walmart deal, plans to catch up on gaming and brush up his coding skills as he takes time off to finish few pending personal projects. According to a...

They were considered the Jai-Veeru of Indian startup panorama, and when one decided to finally exit the company they founded 11 years ago it was really a sad moment for the other. According to a PTI report: Sachin Bansal's decision...