Binny Bansal
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Binny Bansal sells Flipkart shares worth over $14 million to Tiger Global; Tiger Fund increases stake in e-tailer
Fp Staff •In June this year, Bansal is said to have sold a small portion of his shares to FIT Holdings SARL, Walmart’s Luxembourg entity, for about $76.4 million
Nearly two weeks after investing in NCDs, Sachin Bansal invests Rs 50 cr debt in consumer lending startup Kissht
Fp Staff •Bansal's debt investment in Kissht, operated by Onemi Technology Solutions, is reportedly convertible to equity if any repayment issues arise, which is unlikely to happen.
Sachin Bansal invests Rs 200 cr in NCDs of Piramal Enterprises; company to use fund for financial services business
Fp Staff •In May this year, Bansal had announced an investment of $32 million in electric vehicle manufacturer Ather Energy, which had raised $51 million in its latest round of funding.
Binny Bansal sells Flipkart shares worth over $76 million to Walmart's Luxembourg-based entity FIT Holdings SARL
•Bansal transferred more than 5.39 lakh of his Flipkart shares to Walmart's Luxembourg-based entity -- FIT Holdings SARL
Sachin Bansal plans to acquire majority stake in Bengaluru-based microfinance firm, may take role of CEO
Fp Staff •Sachin Bansal is planning to pick up as much as 75 percent stake in Bengaluru-based Chaitanya Rural Intermediation Development Services
SpotDraft raises $1.5 million funding led by Binny Bansal and Sailesh Tulshan-backed 021 Capital
•Founded in 2017 by Bijapur and Madhav Bhagat (CTO), SpotDraft had raised seed fund of Rs 3.5 crore ($5,50,000) from Hunch ventures as its lead investor
Binny Bansal reveals his ambitious plans to help other startups after quitting Flipkart
Fp Staff •Bansal is now focused on xto10x Technologies, a startup he has co-founded with former colleague Saikiran Krishnamurthy
Flipkart-Walmart deal: Sachin Bansal pays Rs 699 cr advance tax for Q1 FY19; Binny Bansal yet to disclose capital gains
Fp Staff •In May, Bentonville, Arkansas-based Walmart Inc acquired 77 percent stake in Flipkart for about $16 billion in its biggest acquisition till date.
Flipkart focussed on bringing next 200 mn Indians into e-commerce fold; betting big on grocery, furniture: CEO Kalyan Krishnamurthy
•Krishnamurthy said Flipkart will continue to invest in innovation for consumers and sellers in the coming year as it focusses on "impactful, inclusive growth"
Flipkart rejigs senior leadership team, appoints Sriram Venkataraman as chief operating officer
•Venkataraman, who is currently the chief financial officer at Flipkart, is assuming the additional role as COO, according to an e-mail sent to employees by Flipkart CEO Kalyan Krishnamurthy.