Sachin Bansal
05 Mar 2020
Flipkart co-founder Sachin Bansal's wife alleges dowry harassment
Flipkart co-founder Sachin Bansal's wife, Priya Bansal, has filed a case against him alleging dowry harassment.
02 Jul 2019
Five famous alumni of IIT Delhi you should know about
The Indian Institutes of Technology (IITs) are the country's premier engineering institutes that are recognized as centers of academic excellence in science and technology.
19 Feb 2019
Flipkart co-founder Sachin Bansal invests Rs. 650cr in Ola
Indian ride-hailing start-up Ola is currently in the midst of an ongoing financing round and, in a major boost, has received Rs. 650cr (around $92mn) from Flipkart co-founder Sachin Bansal.
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.
14 Jan 2019
Ola reportedly receives funding from Sachin Bansal, nears $6bn valuation
Flipkart co-founder Sachin Bansal has reportedly invested $21 million (approx Rs. 150 crore) in Ola, India's famous ride-hailing company.
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.
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.
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.
11 Oct 2018
Reportedly, Flipkart co-founder Sachin Bansal to invest $100mn in Ola
In what could mark the largest personal investment in the Indian internet space, Flipkart co-founder Sachin Bansal is reportedly in the process of finalizing a whopping $100mn (around Rs. 740cr) investment in ride-hailing start-up Ola Cabs.
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.
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.
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.
12 May 2018
Amid landmark Walmart-Flipkart deal, many fear for survival
This week saw one of the most important acquisitions in Indian history, as Walmart poured in $16bn into Flipkart for a 77% stake.
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.
20 Apr 2018
Ola's Bhavish Aggarwal joins Padukone, Kohli, Nadella in TIME 100
A Bollywood star, an Indian cricketer, and an Indian-origin tech giant CEO feature in this year's TIME 100 list- an "annual list of the world's most influential people...whose time, in our estimation, is now."
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.
26 Mar 2018
Flipkart is reinventing its back-end technology by infusing Artificial Intelligence
For any successful business, and especially in an e-commerce space, back-end technologies must scale proportionally with the fast-growing demands.
15 Feb 2018
I am an entrepreneur, I should not be taken seriously
That entrepreneurs are dreamy is an understatement. People outside the 'chaar dewari' find this job glamorous, people inside it find it lonely.
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.
21 Dec 2017
Flipkart's AI push: E-tailer investing millions of dollars for AIforIndia
Indian e-commerce giant Flipkart is gearing up to bolster its push into the field of Artificial Intelligence by creating an internal unit "AIforIndia", as part of its efforts to put AI and machine learning at the core of its businesses.
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 Sep 2017
Flipkart partners with global firms to push private labels
Indian home-grown e-commerce platform Flipkart, in a bid to push its private labels, has now decided to work closely with manufacturers in China, India and other Southeast Asian countries.
10 Aug 2017
SoftBank buys stake in Flipkart, becomes its largest shareholder
Flipkart just announced that it has received a mix of primary and secondary capital from the SoftBank Vision Fund.
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.
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.
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.
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.
17 Feb 2017
E-commerce sellers will pay 2% tax at source in GST
E-commerce giants like Amazon, Flipkart and Snapdeal are trying to convince the government to scrap from the final Goods and Services Tax draft, the 2% tax that e-commerce marketplaces collect from sellers on their platform.
06 Jan 2017
Flipkart in talks with Google for funds
Sources said Flipkart is in talks with Google to secure its next round of funding; talks with Walmart have also not collapsed yet according to insiders.
28 Nov 2016
Flipkart's internet arm sees losses double to touch Rs.2,306 crore
After scripting massive expenditures in an attempt to combat the rising rivalry from Amazon, Flipkart's internet division, Flipkart Marketplace saw its losses double to Rs.2,306 crore for the financial year that ended on 31 March, 2016.
