Binny Bansal sells $14 million worth Flipkart shares to Tiger Global

Flipkart Co-founder and former Group CEO Binny Bansal has sold his shares worth about $14 million to Tiger Global. This is the third instance where he has decided to sell his shares since Flipkart takeover by Walmart in a $16 billion deal in August 2018. After selling a small stake during Flipkart buyout, Bansal had around a 3.85% stake.