Sachin Bansal

Flipkart co-founder Sachin Bansal has mounted a court challenge the Enforcement Directorate which has accused him and others of violation of foreign investment laws, court records showed.

Sachin Bansal, co-founder of e-commerce giant Flipkart, has mounted a court challenge against the Enforcement Directorate (ED), which has accused him and others of violation of foreign investment laws, court records showed.

Flipkart, its founders and 9 others have been issued notice by Enforcement Directorate over alleged forex violations.

Sachin Bansal has increased his stake in Ather Energy with a fresh investment of $23 million, while Hero MotoCorp has added a fresh investment of $12 million, but there's no change in the two-wheeler giant's stake in the electric vehicle start-up.

Walmart-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion, sources familiar with the company's plans told Reuters.

Hero MotoCorp holds a 34.58 per cent stake in Ather Energy, but could reportedly assume control with a larger investment. Ather's co-founder Tarun Mehta, however, had this to say.

The new investment of Rs. 84 crore is part of the Series C round of funding that was led by Sachin Bansal and increases Hero MotoCorp's stake in Ather Energy to 34.58 per cent.

Flipkart co-founder Sachin Bansal said today if coronavirus lockdowns had happened in his childhood, he would have grown up in poverty and would not have achieved what he did. His tweets come a day after Prime Minister Narendra Modi announced a Rs 20 lakh crore stimulus package to revive an economy battered by coronavirus and weeks of lockdown.

The President of India, Ram Nath Kovind, launched the Endowment Fund of Indian Institute Technology (IIT) Delhi at Rashtrapati Bhavan today.

Flipkart co-founder Sachin Bansal has been severely criticised for endorsing a Twitter handle that has been dubbed as misogynistic. On Wednesday, Mr Bansal recommended the handle @LifeMathMoney to "all men on Twitter".

The former CEO and co-founder of Flipkart will take charge as CEO of the micro-finance company CRID.

Ather, which raised the fresh round of funding from existing backers Hero MotoCorp, Flipkart founder Sachin Bansal

Indian electric scooter start-up Ather Energy has raised an investment of $51 million in its latest round of funding. The new investment was led by Sachin Bansal's $32 million, and his second with the electric mobility company after coming on board as an angel investor with $0.5 million in 2014. In addition to Bansal, Hero MotoCorp has converted it...

A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country's old dynasties.

Sachin Bansal left Flipkart last year after US retail giant Walmart picked up a 77 per cent stake in the Indian e-retailer for $16 billion.

Flipkart co-founder Sachin Bansal has mounted a court challenge the Enforcement Directorate which has accused him and others of violation of foreign investment laws, court records showed.

Sachin Bansal, co-founder of e-commerce giant Flipkart, has mounted a court challenge against the Enforcement Directorate (ED), which has accused him and others of violation of foreign investment laws, court records showed.

Flipkart, its founders and 9 others have been issued notice by Enforcement Directorate over alleged forex violations.

Sachin Bansal has increased his stake in Ather Energy with a fresh investment of $23 million, while Hero MotoCorp has added a fresh investment of $12 million, but there's no change in the two-wheeler giant's stake in the electric vehicle start-up.

Walmart-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion, sources familiar with the company's plans told Reuters.

Hero MotoCorp holds a 34.58 per cent stake in Ather Energy, but could reportedly assume control with a larger investment. Ather's co-founder Tarun Mehta, however, had this to say.

The new investment of Rs. 84 crore is part of the Series C round of funding that was led by Sachin Bansal and increases Hero MotoCorp's stake in Ather Energy to 34.58 per cent.

Flipkart co-founder Sachin Bansal said today if coronavirus lockdowns had happened in his childhood, he would have grown up in poverty and would not have achieved what he did. His tweets come a day after Prime Minister Narendra Modi announced a Rs 20 lakh crore stimulus package to revive an economy battered by coronavirus and weeks of lockdown.

The President of India, Ram Nath Kovind, launched the Endowment Fund of Indian Institute Technology (IIT) Delhi at Rashtrapati Bhavan today.

Flipkart co-founder Sachin Bansal has been severely criticised for endorsing a Twitter handle that has been dubbed as misogynistic. On Wednesday, Mr Bansal recommended the handle @LifeMathMoney to "all men on Twitter".

The former CEO and co-founder of Flipkart will take charge as CEO of the micro-finance company CRID.

Ather, which raised the fresh round of funding from existing backers Hero MotoCorp, Flipkart founder Sachin Bansal

Indian electric scooter start-up Ather Energy has raised an investment of $51 million in its latest round of funding. The new investment was led by Sachin Bansal's $32 million, and his second with the electric mobility company after coming on board as an angel investor with $0.5 million in 2014. In addition to Bansal, Hero MotoCorp has converted it...

A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country's old dynasties.

Sachin Bansal left Flipkart last year after US retail giant Walmart picked up a 77 per cent stake in the Indian e-retailer for $16 billion.