Articles about Binny Bansal
30 Nov 2019
Online insurance provider Acko raises $16 million from Ascent Capital
Mumbai-based insurance-tech start-up Acko General Insurance, a digital first platform which primarily offers two-wheeler and four-wheeler insurance, has raised $16 million in funding from Ascent Capital.
26 Oct 2019
Binny Bansal invests $12.3 million in customer engagement platform Mobikon
Mobikon, a marketing and data-exchange platform for restaurants, has raised $12.3 million in Series B round of funding.
14 Jan 2019
Myntra and Jabong CEO Ananth Narayanan resigns; may join Hotstar
After some rounds of speculation, it has been confirmed that Ananth Narayanan, CEO of Flipkart-owned Myntra and Jabong, has left his post in pursuit of other opportunities.
21 Dec 2018
Flipkart co-founder Sachin Bansal registers new company with IIT batchmate
Flipkart co-founder Sachin Bansal, along with investment banker Ankit Agarwal, has registered a new company - BAC Acquisitions Private Limited - according to data from the Registrar of Companies.
14 Dec 2018
Binny Bansal to begin second innings with another startup, xto10x
Barely a month has passed since Flipkart co-founder Binny Bansal stepped down as the CEO of the Flipkart Group, and already, speculations are rife about his next venture.
22 Nov 2018
I-T Dept issues notices to Sachin, Binny Bansal over Flipkart-Walmart-deal
Flipkart founders Sachin Bansal and Binny Bansal have been issued notices by the Income Tax Department, asking them to disclose their total earnings arising out of Walmart-Flipkart deal.
16 Nov 2018
Ananth Narayanan is happy as Myntra's CEO, won't quit
Ananth Narayanan, the CEO of Myntra, dismissed reports of his resignation on Friday saying he was happy at the fashion e-tailer.
16 Nov 2018
Days after Binny Bansal's exit, Myntra CEO and CFO quit
A few days after Flipkart co-founder Binny Bansal resigned from the company on charges of personal/sexual misconduct, Myntra CEO and CFO have quit.
14 Nov 2018
Binny Bansal out of Flipkart: Some conjectures, many unanswered questions
In more ways than one, Flipkart is India's biggest start-up success story. The company and its founders are (still) the quintessential Indian dream - owners' pride, and everyone else's envy.
14 Nov 2018
Why co-founder Binny Bansal resigned from Flipkart
Flipkart's co-founder Binny Bansal stepped down from the Walmart-owned company on Tuesday, and now a report claims an investigation into the accusations of misconduct found that he had a consensual affair with the woman.
13 Nov 2018
Binny Bansal resigns as CEO of Flipkart Group: Details here
Flipkart co-founder Binny Bansal has resigned as the CEO of the Flipkart Group, following an investigation into allegations of "serious personal misconduct" against him.
24 Sep 2018
Flipkart might replace Binny Bansal as group CEO
Walmart-owned Flipkart is contemplating separating the responsibilities of chairman and group CEO, and is likely to replace Flipkart co-founder Binny Bansal as the group CEO.
09 Sep 2018
Deliveries for India-made Ather electric-scooter to begin from September 11
Months after launching its Ather 450 and Ather 340 electric scooters in India, Ather Energy has now announced the delivery dates of the former.
19 Aug 2018
Walmart completes acquisition of Flipkart, pumps in $2bn
On Saturday, Walmart announced that it had completed its $16bn acquisition deal with Flipkart.
17 Jun 2018
Meet the 6 youngest self-made Indian billionaires under 50
Becoming a self-made billionaire is no easy task; it's one of the greatest achievements.
07 Jun 2018
7 start-ups that are currently hiring in Bengaluru
The tech capital of India, Bengaluru, is home to some of India's best companies to work for.
05 Jun 2018
Indian company launches electric scooters- Ather 340 and Ather 450
Homegrown start-up Ather Energy has finally launched its electric scooters in India - the Ather 340 and Ather 450.
10 May 2018
Really sad to see Sachin leave Flipkart: Co-founder Binny Bansal
They were considered the "Jai-Veeru" of the Indian start-up panorama, and when one decided to finally exit the company they founded 11 years ago it was really a sad moment for the other.
10 May 2018
Walmart-Flipkart deal turns many employees crorepatis: Details here
Walmart's $16bn buyout of Flipkart has brought cheer not only to India's iconic start-up, but also to 3,000 of its current and former employees who hold shares with the company.
09 May 2018
Walmart buys 77% stake in Flipkart for $16 billion
The cat is finally out of the bag - Walmart Inc. has announced its acquisition of India's leading e-commerce platform, Flipkart, for a whopping $16bn, taking 77% stake. This makes it the world's most expensive e-commerce acquisition, so far.
09 May 2018
The Flipkart dream: Move aside, make room for nerds
When as a child you were told by your parents to chase the IIT dream, they were not wrong.
04 May 2018
The love triangle of Amazon, Flipkart, and Walmart
Here's the story: Basically, the two US retail rivals Walmart and Amazon are both attempting to buy Flipkart, which is the best start-up India has produced in over a decade.
26 Apr 2018
Meet the 6 youngest self-made Indian billionaires under 50
Becoming a self-made billionaire is no easy task; it's one of the greatest achievements.
09 Apr 2018
Flipkart opens new consolidated office space in Bengaluru
Flipkart has opened a new office space in Embassy Tech Village, Bengaluru, which is a consolidation of all of its previous 11 campuses in the city.
03 Jan 2018
Flipkart's Bansal brothers set up new company, Sabin Advisors
In a quiet move, Flipkart founders Sachin Bansal and Binny Bansal set up a new company, Sabin Advisors, in December, 2017, reportedly for new businesses, that could range from venture capital funding to insurance.
27 Nov 2017
Complaint against Flipkart founders for cheating supplier of Rs. 10cr
The Bansals of Flipkart fame are in trouble, along with three of its employees. A businessman has filed a complaint against these five people alleging they had cheated him to the tune of Rs. 10cr.
01 Aug 2017
eBay closes sale of India arm to Flipkart
Four months after announcement of the sale, Flipkart has closed the acquisition of eBay's India arm.
01 Aug 2017
Flipkart launches budget brand 'Billion' for desi sellers and customers
Flipkart has launched 'Billion'- a 'Make-in-India'-inspired initiative that will partner with Indian sellers to cater to Indian customers.
11 Jul 2017
Flipkart may see the return of Bansals at the helm
Rumors are afloat that with the proposed deal with SoftBank Group Corp, Flipkart will see the return of Sachin and Binny Bansal, co-founders of the company, to their former glory.
07 Jun 2017
Karnataka- Mother beats daughter to death for failing exams
An 18 year old girl was beaten to death with an iron rod by her own mother for failing her English exam and falling in love. The incident happened in Kolar district, Karnataka.
07 Jun 2017
Paytm founder Vijay Shekhar's new Lutyens' zone acquisition
Paytm founder Vijay Shekhar Sharma has a new property: 6,000-sq-ft residential premises worth Rs. 82cr at New Delhi's coveted Lutyens' zone, one of India's most expensive locations.
25 Apr 2017
Flipkart to replace CEO for a day
Flipkart is planning to replace its CEO for one day, to give an employee the opportunity to see how it feels to run the company. It is a part of the company's 10th anniversary celebration.
16 Apr 2017
Delivery boy to multi-millionaire: Iyyappa recalls his Flipkart Journey
Flipkart employee Ambur Iyyappa's story is a fascinating one. Starting his career as a courier delivery boy and then moving to Flipkart, Iyyappa grew along with Flipkart, becoming a multi-millionaire.
10 Apr 2017
Flipkart raises investments from Tencent, Microsoft; buys eBay.in
Flipkart has raised investments worth $1.4bn from Tencent, eBay and Microsoft, at a post-transaction valuation of $11.6bn.
10 Apr 2017
Flipkart to re-enter the grocery sector
After months of deliberation, Flipkart announced its second foray into the grocery sector which makes up "80% of the units bought in India".
21 Mar 2017
Flipkart secures $1 billion in funding, eyes $1 billion more
Flipkart manages to secure $1billion in funding in a bid to stay ahead of the competition.
21 Mar 2017
Flipkart raises $1bn in fresh funding, eyes another $1bn
Flipkart has raised funds of $1bn, and is planning to raise another $1bn in the next few months.
13 Mar 2017
Facebook and Flipkart to work together
Flipkart and Facebook are teaming up in an effort to improve connectivity for their apps and websites for users on slower networks and older handsets.
26 Feb 2017
New CFO-backed Flipkart returns to the game
India's largest online retailer Flipkart is looking at a fundraising of as much as $1.5 billion from investors including Microsoft, eBay, PayPal among others at a valuation of $10-12 billion.
22 Feb 2017
Flipkart looking to raise $1.5 billion from Microsoft
E-commerce giant Flipkart is amidst talks in order to raise a funding round of up to $1.5 billion from investors including Microsoft, eBay, PayPal Holdings and Tencent Holdings.
