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Flipkart Co-founder Binny Bansal exits startup, sells stake to Walmart: Reports
short by Hiral Goyal / on Monday, 31 July, 2023
Flipkart Co-founder Binny Bansal has exited the e-commerce company after selling his stake to US retailer Walmart, Moneycontrol and ET reported. Flipkart's other Co-founder Sachin Bansal had exited the startup in 2018 after selling his entire stake to Walmart. Flipkart’s earliest investors Tiger Global and Accel have also divested stakes to Walmart, which previously owned over 77% of Flipkart.
read more at Moneycontrol