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sachin bansal news

Sachin Bansal resigns as Navi CEO, to continue as executive chairman

Sachin Bansal (File Photo)
Published on Feb 14, 2025 08:19 pm IST

Flipkart co-founder’s fintech startup cheated out of 14 crore by scammers

Flipkart co-founder Sachin Bansal's new startup cheated out of 14.26 crore.
Published on Jan 21, 2025 01:45 pm IST

Kamath brothers, Bansals India's youngest billionaires, according to Forbes

Nithin Kamath, Nikhil Kamath, Sachin Bansal and Binny Bansal are all in their 40s.
Updated on Apr 03, 2024 01:51 pm IST

Sachin Bansal on fintech startup Navi after Flipkart: ‘Working 80-100 hours…'

Flipkart co-founder Sachin Bansal talked about his fintech startup Navi.
Updated on Apr 03, 2024 12:06 am IST

Sachin Bansal's Navi Technologies lays off 20% employees: Reports

Navi Technologies co-founder Sachin Bansal (File Photo/Mint)
Published on Jul 13, 2023 06:25 pm IST

Flipkart co-founder Sachin Bansal challenges ED probe in violation case

Flipkart co-founder Sachin Bansal.
Updated on Sept 04, 2021 04:20 pm IST

Navi MF set to bring Vanguard Funds to India

Sachin Bansal’s Navi Mutual Fund also focuses on passive investing.
Published on Sept 01, 2021 07:19 am IST

Bharat Mukti Morcha’s nationwide march begins today

Police personnel at Koregaon Bhima Vijay Stambh. Workers of Bharat Mukti Morcha have organised a nationwide march that will begin on January 1 from Bhima Koregaon Vijay Stambh
Updated on Jan 01, 2020 05:23 pm IST

Walmart got a $10 billion surprise after buying Flipkart

PhonePe has grown into one of India’s leading digital payments companies
Updated on Jul 10, 2019 12:47 pm IST

Flipkart billionaire Binny Bansal breaks his silence after Walmart ouster

Binny Bansal, who departed after Flipkart’s new owner Walmart Inc. investigated alleged personal misconduct, is now focused on xto10x Technologies, a startup he co-founded with former colleague Saikiran Krishnamurthy.
Updated on Feb 05, 2019 05:11 pm IST

Flipkart seeks to soothe employee nerves after Binny Bansal’s exit

Binny Bansal, Group Chief Executive Officer of India's largest e-commerce firm Flipkart, poses at the company's headquarters in Bengaluru, India July 7, 2017.
Updated on Nov 14, 2018 08:55 pm IST

Why India’s investors need to get over their inferiority complex

Walmart’s acquisition of Flipkart has created shockwaves in India, with the realisation that the vast majority of its $16 billion price will go to foreign investors, namely Tiger Global, SoftBank, Naspers, and Accel Partner
Updated on May 24, 2018 07:46 am IST

Tax dept to seek share purchase pact from Flipkart to ascertain tax liability

Singapore-registered Flipkart Pvt Ltd holds majority stake in Flipkart India. As per the definitive agreement between the companies last week, Walmart will acquire about 77 per cent stake in the Singapore entity for $16 billion.
Updated on May 13, 2018 01:12 pm IST

Walmart says Flipkart could go public in as early as 4 years

Minority shareholders after the deal include co-founder Binny Bansal, China’s Tencent Holdings, US hedge fund Tiger Global Management and Microsoft Corp.
Updated on May 12, 2018 11:21 am IST

Many newly minted millionaires: Who gets what in the $16 billion Flipkart-Walmart deal

The logo of Flipkart is seen on the company's office in Bengaluru, India, May 9, 2018. REUTERS/Abhishek N. Chinnappa
Updated on May 11, 2018 06:17 pm IST

Sad to see Sachin leave, says co-founder Binny Bansal as he looks back at Flipkart’s journey

The two Bansals are not related but came to know each other as they were passing out of Indian Institute of Technology, Delhi in 2005 and decided to move to Bangalore, now known as Bengaluru.
Updated on May 10, 2018 04:25 pm IST

Flipkart share buyback to turn hundreds of employees into crorepatis

People walk past a signage at the Flipkart headquarters in Bangalore, India.
Updated on May 10, 2018 03:57 pm IST

Will catch up on gaming, brush up my coding skills, says Sachin Bansal as he exits Flipkart

Sachin Bansal, Flipkart.com will exit the company post the Walmart deal. He has sold his entire stake in the company.
Updated on May 10, 2018 02:48 pm IST

Walmart’s $16 billion deal makes Flipkart’s Bansals billionaires again

Flipkart co-founders Binny and Sachin Bansal (who aren’t related) were both Amazon.com Inc. employees who quit to start their own e-commerce firm.
Updated on May 09, 2018 11:45 pm IST

Flipkart sale to Walmart confirmed as SoftBank strikes deal to sell stake for $4 billion

The logo of India's largest online marketplace Flipkart is seen on a building in Bengaluru.
Updated on May 09, 2018 03:18 pm IST

Flipkart, Walmart set to announce world’s biggest e-commerce deal today

Flipkart’s group CEO Binny Bansal, who will also take on the role of chairman after Sachin Bansal’s exit, and CEO Kalyan Krishnamurthy (pictured here) are expected to remain at Flipkart after the deal goes through.
Updated on May 09, 2018 10:52 am IST

Walmart likely to announce Flipkart deal before end of week: Report

The Flipkart Group includes fashion portals Myntra-Jabong, payments unit PhonePe and logistics firm Ekart.
Updated on May 08, 2018 03:28 pm IST

Amazon offers to buy 60% stake in Flipkart, says report

Amazon.com Inc has made a formal offer to buy a 60% stake in online retailer Flipkart, CNBC-TV18 said.
Updated on May 02, 2018 06:27 pm IST

Katraj-Kondwa road tenders fail state probe

The officers raised various errors in the letter written to the PMC.
Updated on Mar 29, 2018 03:29 pm IST

Flipkart looks to sell movie tickets, expand online groceries business

Flipkart, which is in talks with Walmart to sell a majority stake to the American retailer, is expected to leverage Walmart’s capabilities in the grocery business after the deal is completed.
Updated on Mar 29, 2018 01:12 pm IST