Sachin Bansal
People
Binny Bansal quits Flipkart board
PTI -
The development comes after around six months of Bansal selling an entire stake in the companyNew Delhi: E-commerce major Flipkart co-founder Binny Bansal has resigned from the company's board, according to a company statement."I am proud of the Flipkart...
E-Commerce
Startup Inspiration: Flipkart founder Sachin Bansal
After having led Flipkart to its glory, Bansal started Navi Technologies and is pursuing opportunities in the banking financial services and insurance sector
Co-founder of homegrown e-commerce marketplace Flipkart Sachin Bansal is known as the flag-bearer of the Indian startup ecosystem. The...
E-Commerce
The offshoots: 12 startups founded by former Flipkart employees
From fitness to fintech, here are 12 diverse startup businesses founded by individuals who were once part of the Flipkart team
Bengaluru: Flipkart is the model success story of an Indian e-commerce startup. The homegrown e-commerce platform Flipkart was founded...
Retail
Tiger Fund increases equity stake in Flipkart
IANS -
The US-based hedge fund, Tiger Fund, increased its equity holding in India's leading etailer Flipkart by buying 54,596 shares of its co-founder Binny Bansal for an estimated US $14.5 million (Rs 104 crore), business intelligence platform Paper.vc said on...
Retail
How retail’s new-age baniyas are becoming digital disruptors, courtesy millennials
IANS -
Born with business in their DNA, baniyas have written several success stories when it comes to traditional, brick-and-mortar industry. With the spurt in digital economy, the clan - be it a Bansal, a Goyal, a Gupta or an Agarwal...
Retail
Flipkart-Walmart deal: Tax department plans this to ascertain tax liability
The tax department will seek share purchase agreement from Flipkart on the mega US $16 billion buyout by US retail giant Walmart to assess the tax liability and also to find out whether the GAAR provisions can be invoked,...
Retail
Sachin Bansal posts emotional farewell message on Facebook, wants to get back to basics
Flipkart co-founder Sachin Bansal, who is exiting the Bengaluru-based company post the Walmart deal, plans to catch up on gaming and brush up his coding skills as he takes time off to finish few pending personal projects.According to a...
Retail
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...
Retail
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...
Retail
‘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...
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Amazon readies for pilot of under-15 min delivery of daily essentials in Bengaluru
Amazon's strategy has focused on "selection, value and convenience" and the overall vision is to build a large profitable...
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