Binny Bansal

Saturday, Apr 20, 2024 | Last Update : 04:56 PM IST

Bansal, who is no longer with Flipkart, said that the ED had initiated investigation in 2012 and he had cooperated with the inquiry between 2013 and 2015. But there has been no action since.— Twitter

Sachin Bansal moves HC against ED notice

ED sent notice to Flipkart, Sachin Bansal and Binny Bansal and investor Tiger Global asking why they should not face a penalty of $1.35 bn

04 Sep 2021 8:06 AM

Six months after quitting the company, Binny Bansal, a Co-Founder of Flipkart, has sold a part of his stake to Walmart for $76.4 million.

Binny makes $76.4 million more from stake sale

Bansal transferred 539,912 equity shares to FIT Holdings SARL, Walmart’s Luxembourg entity.

25 Jun 2019 3:58 AM

Wallmart buys Rs 531 crore Flipkart shares from Binny Bansal

Binny Bansal sold about 54 lakh of equity shares worth Rs 531 crore to Walmart.

24 Jun 2019 3:39 PM

Acko uses a direct-to-consumer approach for distributing motor insurance, allowing for favourable risk selection and superior underwriting.

Acko raises USD 65 mn from investors

Acko General Insurance claims to offer an intuitive purchase experience, cheaper prices and stress-free claims.

14 Mar 2019 12:24 PM

Bansal’s easing out from Flipkart stumps all

Walmart communicated Bansal’s exit in a strange and bizarre fashion.

16 Nov 2018 10:26 AM

Binny Bansal quit as Chairman and Group CEO of Flipkart on Tuesday.

Stunned Bansal denies charges, will remain on Flipkart board

Binny Bansal has strongly refuted the allegations of “serious personal misconduct.

14 Nov 2018 10:39 AM

Flipkart CEO Binny Bansal resigns after charges of 'misconduct'

The investigation did not find evidence to corroborate the complainant's assertions against Binny Bansal.

13 Nov 2018 6:00 PM

Walmart Inc’s Flipkart unit is considering naming a new chief executive officer (CEO) at the group level in place of Binny Bansal.

Flipkart may appoint new group CEO in place of Binny Bansal

Co-founder and current group CEO Binny Bansal is not actively involved in daily operations.

24 Sep 2018 11:31 AM

Walmart Inc. on Wednesday announced that it has signed definitive agreements to become the largest shareholder in the Flipkart Group.

Walmart to acquire 77 per cent stake in Flipkart, confirms Softbank CEO

The investment will help accelerate Flipkart's customer-focused mission to transform commerce in India through technology.

09 May 2018 6:18 PM

Founders of Flipkart Sachin Bansal and Binny Bansal, along with three top officials have been booked for allegedly cheating a Bangalore-based businessman of Rs 9.96 crore. (Photo: Flipkart)

Flipkart founders booked for 'cheating' Bangalore businessman

Naveen Kumar, the complainant, has named the Flipkart founders along with other officials for cheating him of Rs 9.96 crore.

27 Nov 2017 1:05 PM

Flipkart Founders Sachin Bansal (L) and Binny Bansal (R).

Flipkart to invest fresh funds on business like PhonePe

Flipkart co-founder and CEO Binny Bansal says there was a huge opportunity in online money transfer segment.

12 Apr 2017 11:11 AM

Flipkart is India's largest ecommerce platform.

Flipkart's Binny Bansal in a letter hints cost cutting

India's largest e-commerce player looking to cut cost by its plan to sack at least 700 employees, over 3 pc workforce.

11 Apr 2017 10:44 AM

The company said the new structure will help the group build a portfolio of value-creating businesses and that Binny Bansal will oversee capital allocation across group companies.(Photo: Twitter)

K Krishnamurthy named CEO of Flipkart

Krishnamurthy former executive of Tiger Global Management will head Flipkart's core business.

10 Jan 2017 7:42 AM

Flipkart owners chosen as '2016 Asians of the year'

Sachin Bansal and Binny Bansal were chosen by the Straits Times as part of group called the 'The Disruptors'.

05 Dec 2016 2:04 PM

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