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Binny Bansal

Really sad to see Sachin leave Flipkart, says co-founder Binny Bansal

They were considered the Jai-Veeru of Indian startup panorama, and when one decided to finally exit the company they founded 11 years ago it was really a sad moment for the other.According to a PTI report: Sachin Bansal's decision...

Amazing Journey of Flipkart’s Sachin Bansal, Binny Bansal

When IIT Delhi engineers Sachin Bansal and Binny Bansal started Flipkart in 2007 with Rs 4 lakh, going door-to-door to deliver books, they had no intention to sell their company irrespective of the valuation.According to a PTI report: Sachin...

‘Flipkart founders may be liable for 20 pc capital gains tax after stake sale to Walmart’

Flipkart founders Sachin and Binny Bansal may have to pay 20 percent capital gains tax if they sell their shares in the company as part of the proposed deal with US retail giant Walmart, say tax experts.According to a...

Flipkart turns into private firm for buyout by Walmart

India's e-tailer major Flipkart has turned into a private company from a holding firm, ostensibly for a strategic buyout soon by the world's largest retail giant Walmart Inc, according to documents it filed for regulatory approvals."Documents filed by Flipkart...

Myntra launches MPulse, an employee-customer connect initiative

Myntra, India’s largest destination for fashion online, has launched the second edition of MPulse, a unique and beneficial customer engagement activity. The current edition of the program has been set up in the form of a carnival at Myntra’s...

SoftBank Vision Fund invests in Flipkart to become one of the largest shareholders

Flipkart, India’s leading e-commerce marketplace, has announced an investment - a mix of primary and secondary capital - from SoftBank Vision Fund, the world’s largest technology-focused investment fund. This is the biggest ever private investment in an Indian technology...

Latest funding round to help Flipkart transform commerce in India: Binny Bansal

Flipkart co-founder Binny Bansal has said while the latest funding round provides the fuel the company needs to reach its goal of transforming commerce in India through technology, it should continue to grow its business with careful considerations to...

Flipkart raises US $1.4 bn, acquires eBay India

eBay Inc., a global commerce leader, and Flipkart, a leading eCommerce company in India, have agreed to jointly pursue e-commerce opportunities in the Indian market. In exchange for an equity stake in Flipkart, eBay will make a US $500 million...

Flipkart, Microsoft forge cloud partnership to expand e-commerce in India

Microsoft and Flipkart - one of India’s leading marketplaces -  announced a strategic partnership on Monday to provide consumers in India with the best online shopping service. As a first step in the broad collaboration between the two companies, Flipkart will...

Flipkart rejigs top brass, Binny Bansal appointed Group CEO

Leading e-tailer Flipkart on Monday formed a group with its subsidiaries Myntra-Jabong and PhonePe and made co-founder Binny Bansal its Chief Executive Officer (CEO). "In the new structure, Kalyan Krishnamurthy is Flipkart's CEO, Ananth Narayanan Myntra's CEO and Sameer Nigam...
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A Brand-first, Omnichannel Strategy is Our Key Differentiator: Gopal Asthana, Tata CLiQ

Gopal Asthana, Chief Executive Officer, Tata CLiQ on the brand’s strategies, approach to technology, personalisation, sustainability and moreFashion &...
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