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Binny Bansal resigned from the executive team on 28 January 2024, and has completely divested his stake. In the last year, Binny, along with Excel and Tiger Global Management, sold their entire stake to Walmart, resulting in Binny earning $1.5 billion.
Learn about Binny Bansal, the former CEO and cofounder of Flipkart, who sold his stake to Walmart in 2018. See his net worth, biography, education, investments and more on Forbes.
Jan 27, 2024 · Binny Bansal, co-founder of Flipkart, has officially resigned from the board of the e-commerce giant, drawing to a close the chapter he started alongside Sachin Bansal 16 years ago....
Nov 13, 2018 · Walmart's India venture Flipkart said its co-founder and CEO Binny Bansal stepped down after an internal probe into allegations of "serious personal misconduct". Bansal denied the accusations, but admitted lapses in judgment in his response to the situation.
Apr 12, 2021 · Binny Bansal co-founded Flipkart in 2007 and played a pivotal role in scaling it to a market-leading ecommerce company that was bought by Walmart in 2018, for a whopping $16 billion.
Flipkart co-founder Binny Bansal, who exited the company following its 2018 acquisition by Walmart, has launched a new startup, naming it ‘ OppDoor ,’ Moneycontrol has reported. What is OppDoor?
Nov 13, 2018 · NEW YORK (AP) — The co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, has stepped down as CEO following an allegation of serious personal misconduct.
