Flipkart Co-Founder Binny Bansal Officially Exits Board
The CEO of Flipkart Group stated in a release that the company is the result of a brilliant idea and extensive effort crafted by dedicated teams with a commitment to revolutionizing the way people shop in India.
Jan 27, 2024, 15:34 PM IST
Business Success Story: From Garage To Glory, The Extraordinary Journey Of Sachin And Binny Bansal, Architects Of Flipkart's Meteoric Rise
Sachin Bansal and Binny Bansal co-founded Flipkart in 2007, transforming it from an online bookstore into India's leading e-commerce giant, revolutionizing the country's online shopping landscape.
Dec 28, 2023, 15:56 PM IST
Har Wish Poori Hogi: Meet Sachin Bansal, IIT Pass-Out, Who Disrupted India's E-commerce Through Flipkart, Exit Company In 2018 Because...
Sachin Bansal's early years were marked by his passion for technology and innovation. He pursued a degree in Computer Science Engineering from the Indian Institute of Technology (IIT) Delhi, where he honed his skills and developed a strong foundation in technology and business.
Aug 20, 2023, 22:34 PM IST
Sachin Bansal led Navi Technologies gets Sebi nod for IPO, to raise up to Rs 3,350 crore
Navi Technologies was issued the "observation letter" by Sebi on September 5, according to the latest update on the regulator's website.
Sep 13, 2022, 09:41 AM IST
Navi IPO: Sachin Bansal's fintech company files draft papers for Rs 3,350-crore IPO
Flipkart co-founder Bansal Sachin Bansal has filed preliminary papers with Sebi to raise Rs 3,350 crore through an IPO.
Mar 12, 2022, 16:21 PM IST
Tiger Fund increases equity stake in Flipkart
The $514-billion Walmart acquired majority stake (77 per cent) in the city-based Flipkart on May 9, 2018 for a whopping $16 billion (Rs 107,662 crore) at $67.3 per share.
Sep 02, 2019, 14:48 PM IST
Sachin Bansal invests Rs 650 crore in Ola
Bansal, last year left Flipkart after the US retail giant Walmart picked up 77 percent stake in the e-commerce company for USD 16 billion.
Feb 19, 2019, 14:52 PM IST
Sachin Bansal invests Rs 150-cr in Ola
According to sources, Bansal is pumping in Rs 650 crore in total and the Rs 150 crore funding is part of the total investment.
Jan 14, 2019, 16:22 PM IST
Binny Bansal resigns from Flipkart: A Timeline of events
Walmart acquired Flipkart in May this year.
Nov 13, 2018, 18:02 PM IST
Flipkart Group CEO Binny Bansal resigns with immediate effect
Walmart had acquired 77 percent of Flipkart for $16 billion in May.
Nov 13, 2018, 17:21 PM IST
Flipkart's stake acquisition 'credit positive' for Walmart: Moody's
On May 9, Walmart Inc said it is buying a 77 percent stake in Indian e-commerce retailer Flipkart for about USD 16 billion, but it is yet to disclose financing plans.
May 14, 2018, 15:43 PM IST
Flipkart co-founder Sachin Bansal quits after Walmart deal, writes emotional post on Facebook
Sachin had once categorically said in an interview that he will never sell Flipkart.
May 10, 2018, 10:34 AM IST
Walmart CEO addresses Flipkart staff; says deal among best decisions
In the biggest M&A deal in the booming e-commerce sector, Walmart announced buying 77 percent stake in Flipkart for about USD 16 billion (Rs 1.05 lakh crore).
May 10, 2018, 10:07 AM IST
Walmart shares tumble over 4%; m-cap falls nearly $10 bn
The deal values Flipkart at USD 20.8 billion.
May 10, 2018, 10:06 AM IST
Sachin, Binny journey: From Kart to Mart
After working for e-c0mmerce giant Amazon, the two friends set up Flipkart.
May 10, 2018, 10:05 AM IST
Traders oppose Walmart-Flipkart deal, industry gives thumbs up
The Confederation of All India Traders (CAIT) said the deal is nothing but a clear attempt to control and dominate the retail trade in India by Walmart through e-commerce in the long run.
May 10, 2018, 10:01 AM IST
Flipkart: A timeline of milestones
Sachin Bansal and Binny Bansal set up Flipkart in 2007 in Bengaluru.
May 09, 2018, 17:48 PM IST
Flipkart co-founder Sachin Bansal to sell his entire stake to Walmart: Report
Walmart is likely to announce its deal to buy a controlling stake in Flipkart before the end of this week.
May 08, 2018, 10:19 AM IST
Flipkart co-founder Sachin Bansal likely to quit company board: Report
US-based retail behemoth Walmart, is eyeing a majority or controlling equity stake in it to foray into the multi-billion dollar Indian retail space.
May 04, 2018, 10:56 AM IST
Flipkart completes buyback of Esops for $100 million
The buyback is also the largest liquidity provided by an unlisted firm to its Esop holders for encashing an unspecified percentage of their vested stock options.
Dec 13, 2017, 18:05 PM IST
