Binny Bansal
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Flipkart's co-founder Binny Bansal steps down from board of PhonePe
Business | Nov 23, 2024, 07:16 AM ISTBansal played an instrumental role in Flipkart's acquisition of PhonePe way back in 2016 and had been on its board since then (the payments firm separated from Flipkart in 2022).
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Binny Bansal resigns from Flipkart board, to start new e-commerce venture: Report
Business | Jan 27, 2024, 01:32 PM ISTThe departure follows reports indicating Binny Bansal's intention to re-enter the e-commerce space after Sachin Bansal left Flipkart a few years ago to pursue a fintech venture called Navi.
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Tencent buys stake worth USD 264 mn in Flipkart from Binny Bansal
Business | Jun 13, 2022, 08:29 AM ISTPost the transaction, Tencent arm holds 0.72 per stake in Flipkart which is valued at around USD 264 million, as per last valuation of USD 37.6 billion disclosed by the e-commerce firm in July 2021.
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Binny Bansal sells Flipkart shares worth over USD 14 million to Tiger Global
Business | Sep 02, 2019, 02:06 PM IST"Regulatory filings submitted by Flipkart indicate that former co-founder Binny Bansal has sold a tranche of shares for the third time since Walmart’s takeover of the e-commerce company. This time around, Bansal transferred part of his holding to two Tiger Global funds," Paper.vc said.
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‘Stunned by allegations of serious personal misconduct’: Binny Bansal after resigning as Flipkart CEO
Business | Nov 13, 2018, 11:56 PM ISTBinny Bansal, however, said he will continue to remain a large shareholder and board member of Flipkart, a firm that is now owned by Walmart.
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Binny Bansal: Know all about Flipkart CEO who resigned after 'personal misconduct' probe
Business | Nov 13, 2018, 08:37 PM ISTBinny borrowed money to pick the first ever book ordered on Flipkart and to deliver it.
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Flipkart CEO Binny Bansal resigns over allegations of personal misconduct
Business | Nov 13, 2018, 06:06 PM ISTBansal, who had stayed with the retailer with his other co-founder Sachin Bansal, is expected to leave the company with immediate effect.
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Kalyan Krishnamurthy replaces Binny Bansal as Flipkart CEO
Jan 09, 2017, 09:35 PM ISTFlipkart has named former Tiger Global executive Kalyan Krishnamurthy the new CEO of India's largest online retailer replacing Binny Bansal, who has now moved up to a newly created position of Group CEO.
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Flipkart CEO Binny Bansal turns ‘delivery boy’ for Apple iPhone 7
Oct 07, 2016, 08:04 PM ISTWith the launch of iPhone 7 and iPhone 7 Plus in India, Flipkart CEO Binny Bansal has decided to don the hat of a ‘delivery boy’ for customers and will be seen visiting their doorsteps
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Myntra’s Ananth Narayanan to take over as Jabong CEO, Flipkart’s Binny Bansal writes in his letter to employees
Jul 27, 2016, 12:32 PM ISTFlipkart-owned Myntra has acquired one of its biggest rivals Jabong in an all-cash deal for $70 million (Rs. 470 cr approx.) making it the biggest mergers in Indian e-commerce industry. After this deal, Flipkart now
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Flipkart CEO Binny Bansal marks big bang entry into elite Bengaluru vicinity with Rs 32 cr home buy
Jun 23, 2016, 01:34 PM ISTBinny Bansal, co-founder and CEO of India’s biggest online shopping platform Flipkart has just entered an exclusive club of billionaires with the purchase of a sprawling 10,000 square feet property in one of Bengaluru’s most posh and expensive locali
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More trouble for Flipkart, Morgan Stanley marks down co’s valuation by 15.5 pc
May 27, 2016, 05:23 PM ISTNew Delhi: In the latest in what appears to be a series of troubles for India’s biggest e-commerce giant, Morgan Stanley, a mutual fund investor in Flipkart, has marked down the company shares by 15.5
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Flipkart cites ‘restructuring’ for delayed jobs to recruits, IIM-A isn’t buying it
May 25, 2016, 07:10 PM ISTMumbai: The Indian Institute of Management, Ahmedabad, has sent a strongly worded email to the e-commerce giant Flipkart asking its CEO Binny Bansal to guarantee that the students it selected during placements have a job
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Mukesh Bansal logs out of Flipkart, Ankit Nagori also quits
Feb 10, 2016, 09:15 PM ISTNew Delhi: Mukesh Bansal, head of commerce and advertising business at Flipkart, has resigned from his post, leaving the company in firm control of co-founder Binny Bansal. In another related development, Flipkart's chief business officer
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Flipkart appoints Binny Bansal as CEO, Sachin to be Exec Vice Chairman
Jan 11, 2016, 01:09 PM ISTIn an overhaul of its top level management, e-commerce giant Flipkart today announced that Sachin Bansal, its CEO and Co-founder, will now be the Executive Chairman of the company and Binny Bansal, COO and Co-founder of
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Flipkart planning $5 billion US IPO: Reports
Jan 29, 2015, 05:32 PM ISTMumbai: E-commerce giant Flipkart is looking to raise around $5 billion through an initial public offering (IPO) on the US bourses in the next 18 months, a report in the Economic Times stated.To carry out