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Binny Bansal, chief executive and cofounder of Walmart Inc.-owned Flipkart Group resigned Tuesday following a probe into allegations of serious personal misconduct.

Binny Bansal Flipkart Co-Founder and Board Member Singapore 126K followers 500+ connections Join to view profile xto10x Technologies Indian Institute of Technology, Delhi Activity “Once you have...

Binny Bansal: A lot of the companies are in that same transition going from the early adopters to a mass market, and because of that they need to look at a very different market segment to scale.

Flipkart co-founder Binny Bansal is reportedly in talks to invest around $100-150 million in PhonePe. If followed through, the transaction will be among the largest individual investments in a new ...

Indian billionaire Binny Bansal, is an internet entrepreneur who co-founded Flipkart along with Sachin Bansal in 2007 and stayed with the company until 2018 when Walmart bought it over. Advertisement.

Binny Bansal, one of the youngest billionaires in India is an Internet Billionaire who co-founded the e-commerce platform Flipkart and served as the chief operating officer (CPO) until 2016 and was then promoted to chief executive officer (CEO). According to reports, Binny Bansal is in talks to invest between $100 and $150 million in PhonePe.

With a net worth of $1.3 billion, Binny, along with Sachin Bansal, was named the 86th richest person in the country by Forbes in 2015. Sachin and Binny Bansal were named among 100 most influential people by TIME in 2016. In January 2016, Binny was promoted to the post of the Chief Executive Officer (CEO) of Flipkart.

Binny Bansal, co-founder and CEO of Flipkart, resigned after the investigation by a global law firm revealed “lapses of judgement,” Walmart said. Walmart ( WMT) paid $16 billion for 77% of...