हिंदी में पढ़ें

Binny Bansal

E-commerce major Flipkart co-founder Binny Bansal resigns from board

E-commerce major Flipkart co-founder Binny Bansal resigns from board

Sun, Jan 28, 2024

"I am proud of the Flipkart Group's achievements over the past 16 years. Flipkart is in a robust position, with a strong leadership team and a clear path forward, and with this confidence, I have decided to step aside, knowing the company is in capable hands. I wish the team the best as they continue to transform experiences for customers, and I remain a strong supporter of the business," Bansal said.

Flipkart co-founder Binny Bansal launches e-commerce startup 'OppDoor'

Flipkart co-founder Binny Bansal launches e-commerce startup 'OppDoor'

Tue, Jan 02, 2024

OppDoor will first target e-commerce businesses in the US, Canada, Mexico, the United Kingdom, Germany, Singapore, Japan, and Australia.

Flipkart co-founder Binny Bansal invests USD 3.5 million in ed-tech firm LeverageEdu

Flipkart co-founder Binny Bansal invests USD 3.5 million in ed-tech firm LeverageEdu

Thu, Jul 06, 2023

Flipkart co-founder Binny Bansal has invested USD 3.5 million (about Rs 29 crore) in edtech firm LeverageEdu, sources aware of the development said.

TRENDING NOW

Who is Binny Bansal, the man who just sold Flipkart to Walmart; check in 5 slides

Who is Binny Bansal, the man who just sold Flipkart to Walmart; check in 5 slides

Thu, May 10, 2018

Binny Bansal, the poster boy of India's e-commerce revolution, has just sold his firm Flipkart, he is a co-founder alongside Sachin Bansal, to US retail giant Walmart in a deal valued at $16 bn. It has boosted Flipkart valuation to $21 bn (Rs 1,35,000 crore).

Awesome Flipkart-Walmart deal may get big slap in face in India

Awesome Flipkart-Walmart deal may get big slap in face in India

Thu, May 10, 2018

As per the proposed deal, Walmart is expected to acquire shares of the Singapore-registered Flipkart. In the normal case, capital gains will not arise. But India had introduced an amendment to nullify the Vodafone Judgment by taxing indirect transfers. On account of indirect transfer, this transaction could get taxed, because of the change in shareholding at the Singapore entity.

Walmart buys Flipkart: Great discounts coming for buyers soon

Walmart buys Flipkart: Great discounts coming for buyers soon

Thu, May 10, 2018

Flipkart-Walmart deal: US firm's $16 billion majority stake acquisition in Flipkart is set to make shopping much more rewarding for the Indian online consumers. With Jeff Bezos promoted Amazon India challenging Flipkart’s leadership position, the latter is left with no option but to do everything under the sun and maintain/ grow its market share in the $17.8 billion Indian e-commerce industry.

This is what world's biggest e-commerce deal is all about

This is what world's biggest e-commerce deal is all about

Thu, May 10, 2018

In the biggest deal in e-commerce space globally, retail giant Walmart picked up 77 per cent stake in Flipkart on Wednesday. Walmart is paying $16 million in a combination of secondary ($14 billion) and primary ($2 billion) transactions. The deal is yet to get regulatory approvals in India.

RSS wing: Walmart making back-door entry into India with Flipkart deal; calls on PM Modi to intervene

RSS wing: Walmart making back-door entry into India with Flipkart deal; calls on PM Modi to intervene

Thu, May 10, 2018

The Swadeshi Jagran Manch, which is the economic wing of the Sangh, claimed that Walmart is using e-commerce route to circumvent existing rules which bar foreign companies in multi-brand retail and dubbed its acquisition of Flipkart a "back-door entry" into Indian market.

Sachin Bansal, Binny Bansal turn India's newest billionaires, but there is a big disappointment in store

Sachin Bansal, Binny Bansal turn India's newest billionaires, but there is a big disappointment in store

Thu, May 10, 2018

Both Sachin Bansal and Binny Bansal owned about 5 per cent of the company they co-founded. But post-sale Sachin Bansal will cut all links to the company, while Binny Bansal will not only be retained, he will also keep a part of his shareholding.

Flipkart deal done? Walmart may make announcement in just days

Flipkart deal done? Walmart may make announcement in just days

Tue, May 08, 2018

Walmart is likely to announce its much-anticipated deal to buy a controlling stake in Indian e-commerce player Flipkart before the end of this week, two sources said, in what is likely to be the U.S. retail giant`s biggest acquisition of a business.

This is when Flipkart sale to Walmart could happen; Amazon.com set to lose race

This is when Flipkart sale to Walmart could happen; Amazon.com set to lose race

Sat, Apr 21, 2018

Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, two sources familiar with the matter said on Friday

Flipkart denies allegations made in FIR against founders

Flipkart denies allegations made in FIR against founders

Tue, Nov 28, 2017

Home grown marketplace, Flipkart has denied all allegations made against its founders. Here's what the company has to say.

Flipkart’s Sachin, Binny Bansal booked for cheating businessman of Rs 10 crore

Flipkart’s Sachin, Binny Bansal booked for cheating businessman of Rs 10 crore

Mon, Nov 27, 2017

Founders of homegrown e-commerce company Flipkart have been booked for allegedly not paying dues to a businessman.

Flipkart to spend $1.4 billion investment after careful cost considerations, says Binny Bansal

Flipkart to spend $1.4 billion investment after careful cost considerations, says Binny Bansal

Tue, Apr 11, 2017

Flipkart on Monday raised $500 million from eBay as it invested in the company and sold its Indian unit to the Indian e-commerce company.

Flipkart to use Microsoft cloud to boost e-tail sales

Flipkart to use Microsoft cloud to boost e-tail sales

Mon, Feb 20, 2017

The strategic partnership was announced by Microsoft CEO Satya Nadela on his maiden visit to this tech hub after he took over the reins of the world`s largest software firm in February 2014.

From $15 billion valuation to $5.5 billion; Flipkart faces hard times

From $15 billion valuation to $5.5 billion; Flipkart faces hard times

Thu, Jan 26, 2017

Talking on downturn in valuation Siddharth Shahani, Executive Director, Indian School of Design & Innovation had told Zee Business, "Passion has taken the company so far, now experience is needed to take it to the next level. I think it is a natural transition that you see anywhere in the world. The first three years is passion driven, the next three years is system oriented driven.”

First Flipkart and now Zivame: Start-up founders are being relegated thick and fast

First Flipkart and now Zivame: Start-up founders are being relegated thick and fast

Fri, Jan 20, 2017

After Binny Bansal lost operational control of Flipkart, Zivame founder followed in the same direction this week.

2017 will be a defining year for Flipkart: Sachin Bansal

2017 will be a defining year for Flipkart: Sachin Bansal

Wed, Jan 11, 2017

The year 2017 will be a defining year for Flipkart as the company is looking to take "decisive lead" in the Indian market, its co-founder Sachin Bansal has said.

Flipkart: Four valuation markdowns and three CEOs in a year

Flipkart: Four valuation markdowns and three CEOs in a year

Tue, Jan 10, 2017

Nearly a year to the date after co-founder Flipkart, Sachin Bansal was replaced by Binny Bansal as Chief Executive Officer (CEO) there comes another twist in the tale.

Flipkart appoints Kalyan Krishnamurthy as CEO; Binny Bansal to be Group CEO

Flipkart appoints Kalyan Krishnamurthy as CEO; Binny Bansal to be Group CEO

Mon, Jan 09, 2017

Tiger Global is one of the top investors in e-commerce company Flipkart, will now have their executive Kalyan Krishnamurthy as the CEO.

Flipkart in talks with Google, others for raising $15 billion in funding

Flipkart in talks with Google, others for raising $15 billion in funding

Fri, Jan 06, 2017

E-commerce giant, Flipkart has held talks with Google and other investors for its next round of funding, a report by Factor Daily said on Friday.

Flipkart, Amazon to slug it out in fashion in 2017

Flipkart, Amazon to slug it out in fashion in 2017

Thu, Dec 29, 2016

"Amazon, which has been inking partnerships with a number of brands including Arrow, Swarovski and Aeropostale, is planning to introduce more private labels to create a solid identity in the online fashion segment that is largely ruled by Flipkart."

Flipkart plans to move into groceries space; renewed push in furniture

Flipkart plans to move into groceries space; renewed push in furniture

Sun, Nov 20, 2016

Bank of America Merrill Lynch sees the value of goods sold online in India jumping tenfold to $188 billion by 2025.

Load More

LIVE TV

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x