Sachin Bansal

Budget 2018: This Is What Industry Captains Say Ahead Of FM Jaitley's Speech

Business | NDTV Profit Team | Wednesday January 31, 2018

Flipkart chairman Sachin Bansal, for instance, expresses optimism about India's economic growth when he shares a news article projecting India as the second-fastest growing economy in the world,

FIR Lodged Against Flipkart Founders For 'Cheating', Company Terms Charges "False And Baseless"

India News | Press Trust of India | Monday November 27, 2017

An FIR has been lodged against e-commerce giant Flipkart's founders and a few other company officials for allegedly "cheating" a businessman to the tune of Rs 9.96 crore, police said today.

Flipkart Raises $1.4 Billion In Mega Funding Round, Acquires eBay India

Business | Tuesday April 25, 2017

The investment by eBay is accompanied by a strategic commercial agreement with Flipkart. In exchange for an equity stake in Flipkart, eBay is making a cash investment in and selling its eBay.in business to Flipkart.

Flipkart Said to Raise $1 Billion and Seek a Billion More

Saritha Rai, Bloomberg | Tuesday March 21, 2017

Flipkart is said have completed a $1 billion fundraising and aims to raise as much as $1 billion more over the next few months.

Flipkart Once Again Said to Be Looking to Raise $1.5 Billion

Saritha Rai, Bloomberg | Wednesday March 8, 2017

Flipkart is said to be in discussions with Microsoft, eBay, Tencent to raise anywhere from $1.2 billion to $1.5 billion, enough to carry it through another four years.

The Challenges For Kalyan Krishnamurthy In Calling The Shots At Flipkart

Business | Saritha Rai, Bloomberg | Wednesday March 8, 2017

Last summer, with Flipkart Online Services Pvt losing ground to Amazon.com Inc., Tiger sent in former EBay executive Kalyan Krishnamurthy to help turn around India's most valuable internet startup.

Notes Ban Hits Super Rich, 11 Lose Billionaire Status: Report

Business | Press Trust of India | Tuesday March 7, 2017

The country now has 132 billionaires with a net worth of $1 billion or more and the cumulative wealth of the ultra-rich people stood at $392 billion, according to Hurun Global Rich List India.

Flipkart Co-Founder Sachin Bansal Seeks Level-Playing Field for Local Firms

Press Trust of India | Thursday February 9, 2017

Bansal said, "How do we ensure news app or restaurant apps doesn't get prematurely killed by company coming from China and just pumping in dollars from there."

Flipkart Co-Founder Sachin Bansal Seeks Level-Playing Field For Local Firms

Business | Press Trust of India | Wednesday February 8, 2017

Mr Bansal has in the past also voiced his opinion on supporting Indian companies against 'capital dumping' by foreign companies.

Flipkart Co-Founder Sachin Bansal Says 2017 Will Be a Defining Year for the Company

Press Trust of India | Wednesday January 11, 2017

2017 will be the defining year for Flipkart, says co-founder Sachin Bansal, who shot down rumours of Flipkart seeking additional funding to counter Amazon.

2017 Will Be A Defining Year For Flipkart: Sachin Bansal

Business | Press Trust of India | Wednesday January 11, 2017

The company, which recently announced top-level changes, said the restructuring is aimed at "improving operational efficiencies".

Kalyan Krishnamurthy To Be Flipkart CEO As Battle With Amazon Intensifies

Business | Tuesday January 10, 2017

The highly competitive e-commerce market in India has driven players to offer steep discounts in a bid to snag market share. This in turn has raised concerns around profitability and dented valuations of many e-tailers including Flipkart.

Flipkart Shakes Up Top Management For Second Time In A Year

Business | Thomson Reuters | Tuesday January 10, 2017

The shake-up follows a series of valuation writedowns for Flipkart, which has seen its lead in the online market in India eaten into by global e-commerce giant Amazon.

Rejig At Flipkart: Binny Bansal Now Group CEO, K Krishnamurthy CEO

Business | Press Trust of India | Monday January 9, 2017

Kalyan Krishnamurthy, currently heading the Category Design Organisation, will become the CEO of Flipkart.

Flipkart Names New CEO; Binny Bansal Elevated to Flipkart Group CEO

Gadgets 360 Staff | Tuesday January 10, 2017

Flipkart's latest top-level rejig means that Kalyan Krishnamurthy is the new Flipkart CEO, Nitin Seth is the new COO, and Binny Bansal is the CEO of newly-formed Flipkart Group Organisation.