Binny Bansal: News
Binny Bansal-backed Curefoods wants to raise ₹800cr via IPO
Curefoods India, a Bengaluru-based cloud kitchen start-up backed by Flipkart co-founder Binny Bansal, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).
What is 'Opptra,' Flipkart co-founder Binny Bansal's new start-up
Flipkart co-founder Binny Bansal has unveiled his latest venture, called Opptra.
Flipkart co-founder Binny Bansal resigns from PhonePe board
Flipkart co-founder Binny Bansal has resigned from the board of directors at PhonePe. The decision comes three quarters after he had made a similar move at Flipkart.
Flipkart co-founder Binny Bansal invests additional Rs. 200cr in Curefoods
Flipkart co-founder Binny Bansal, through his fund Three State Ventures, has increased his investment in cloud kitchen start-up Curefoods by Rs. 200 crore.
Flipkart co-founder Binny Bansal exits board over conflict of interest
Binny Bansal, the co-founder of Flipkart, has stepped down from the e-commerce giant's board.
Flipkart co-founder Binny Bansal launches e-commerce start-up OppDoor
Flipkart co-founder Binny Bansal is back in the game with his new start-up, OppDoor, which aims to help e-commerce businesses expand globally.
Flipkart, founders, nine others slapped with Rs. 10,600-crore ED notice
Walmart-backed e-commerce platform Flipkart, its founders, and nine other entities including investor Tiger Global have been slapped with notices by the Indian government's Enforcement Directorate (ED) for the alleged violation of foreign exchange (forex) laws regarding investment.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Flipkart's Sachin Bansal eyes lobby group for start-ups
Flipkart's co-founder Sachin Bansal is eyeing the possibility of creating a lobby group for start-ups across the country.
E-tailers eyeing offline stores across smaller towns
India's e-tailers are considering launching their offline stores across small cities in the country.
Flipkart looks to launch offline stores across India
Indian e-commerce platform Flipkart is eyeing further expansion by launching offline stores across the country.
Walmart set to invest up to $1 billion in Flipkart
American retail giant Walmart Store Inc. is in talks to invest up to $1 billion in the Indian e-commerce website Flipkart.
Flipkart co-founder Sachin Bansal admits to company not meeting targets
Sachin Bansal, who earlier this year stepped down as CEO of Flipkart, admitted that the e-commerce portal had not been meeting its targets.
Flipkart launches office in Palo Alto
On 12th August, 2016, Indian e-commerce giant Flipkart established an office in the United States of America.