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Binny Bansal

Flipkart’s Bansals named ‘Asians of the Year’ by Straits Times

Sachin Bansal and Binny Bansal, founders of India's largest e-commerce marketplace Flipkart, have been chosen for the prestigious 2016 ‘Asian of the Year’ by Straits Times of Singapore as part of a group called the ‘The Disruptors’. The Asian of...

Former Flipkart CTO Peeyush Ranjan quits the company

Peeyush Ranjan, Senior Vice President Engineering and former Chief Technology Officer of Flipkart will leave the company at the end of December. Ranjan has become the latest in the wave of top managers exiting India's largest online retailer. Ranjan will join...

Amazon vs Flipkart vs Snapdeal: Who won the festive sales war?

The festival season, which is considered the most significant period for Indian e-commerce companies in terms of sales generated, has recently concluded with Flipkart, Amazon, and Snapdeal, the three biggest e-commerce websites in the country claiming major gains. All three say that this year's sale was the biggest so far and all of them have claimed to achieve a major milestone in some way or the other. As per industry estimates, just one day of festive sales generate anywhere between $300-400 million (about Rs 2,000-3,000 crore) in orders for the e-commerce players. While the gross sales number achieved by three of them during last month's sales season is still unknown, this year proved to be different in terms of many firsts. Where holding 'multiple' sales event in itself was an industry first, here's a list of major trends indicating a significant evolution in consumer...

Flipkart's top level exodus continues; CFO Sanjay Baweja resigns

Chief Financial Officer of Flipkart, Sanjay Baweja has quit the company, just under two years of joining India's largest e-commerce marketplace. Sanjay Baweja's departure comes during the Indian festive season, a crucial time for sales, and as Flipkart engages in...

In Pics: When Flipkart top bosses turned 'delivery boys'

It is not everyday that one gets to see a millionaire businessman doning a delivery boy's hat, but for homegrown e-commerce major Flipkart, it has become quite a ritual. Last year, Flipkart co-founders Sachin Bansal and Binny Bansal (not related), landed at the doorsteps of...

Billionaire Mukesh Ambani richest Indian for ninth year: Forbes

With $22.7 billion (Rs 151,477 crore) net worth, Reliance Industries Chairman Mukesh Ambani is the richest Indian for the ninth consecutive year, American business magazine Forbes India said on Thursday. Ambani, 59, who retains the top spot in the annual...

Patanjali's Balakrishna makes it to the Forbes list; Flipkart's Bansals make a surprise exit

Yoga guru Ramdev's close associate Balakrishna has entered India's richest 100 club with US$ 2.5 billion networth owing to his 97 per cent holding in Patanjali Ayurved, while new-age retailer Flipkart's co-founders Sachin and Binny Bansal made a surprise...

Flipkart crosses 100 million registered customer milestone

Homegrown e-tailer Flipkart has crossed the 100-million registered users mark, becoming the first e-commerce company in the country to hit the milestone. The Bengaluru-based company has doubled its user base over the last year and added 25 million users...

Flipkart does soul-searching at town hall in tech hub

Reeling under lower valuation, exits by many senior executives and downsizing of staff in the face of intense competition in the digital world ahead of the festival season, leading e-tailer Flipkart had a soul-searching town hall discussion with its...

Yumlane raises seed fund from Binny Bansal, Anupam Mittal, others

QwikPik Technology Pvt Ltd, which runs food start-up Yumlane, has raised funds in a seed round from Flipkart chief executive officer Binny Bansal and People Group founder Anupam Mittal. Sachin Bhatia, co-founder of TrulyMadly, angel investor Kunal Khattar and Dheeraj...
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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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