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Sachin Bansal

Walmart increases its stake in Flipkart: Report

TMT

21 November, 2018

Walmart increases its stake in Flipkart: Report

US retail behemoth Walmart Inc has increased its controlling stake in homegrown e-commerce giant Flipkart, according to a media report. Walmart ......

Binny Bansal leaves Flipkart after personal misconduct probe

TMT

13 November, 2018

Binny Bansal leaves Flipkart after personal misconduct probe

Flipkart co-founder Binny Bansal has resigned as group chief executive officer following an independent probe into allegations of “serious personal ......

Blackstone, Temasek eye stake in Wonder Cement; Steadview may invest in Ola

General

31 October, 2018

Blackstone, Temasek eye stake in Wonder Cement; Steadview may invest in Ola

Private equity major Blackstone and Singapore state investor Temasek are in separate talks to pick up 15-20% stake in Wonder ......

Zydus Cadila eyes Kraft's India consumer biz; Sachin Bansal may back Ola

General

11 October, 2018

Zydus Cadila eyes Kraft's India consumer biz; Sachin Bansal may back Ola

Zydus Cadila Group is in advanced negotiations with US-based food and beverage major The Kraft Heinz Company to acquire its ......

Sachin Bansal may anchor $1 bn VC fund; Swiggy in talks to raise up to $500 mn

General

03 August, 2018

Sachin Bansal may anchor $1 bn VC fund; Swiggy in talks to raise up to $500 mn

Flipkart co-founder Sachin Bansal is looking to raise a fund of $700 million to $1 billion for investing in startups, ......

Walmart eyes Flipkart IPO in as early as four years

TMT

12 May, 2018

Walmart eyes Flipkart IPO in as early as four years

Indian e-commerce company Flipkart might go for an initial public offering (IPO) in as early as four years if minority ......

Accel Partners reveals why it invested in Flipkart at a time when it had no backers

TMT

10 May, 2018

Accel Partners reveals why it invested in Flipkart at a time when it had no backers

Monumental. That's how Accel Partners described portfolio company Flipkart's $16 billion acquisition by US retail giant Walmart Inc. The venture ......

Before Walmart played god, these angels kept Flipkart afloat

TMT

10 May, 2018

Before Walmart played god, these angels kept Flipkart afloat

Co-founders Sachin Bansal and Binny Bansal have always been the prominent individuals at the heart of Flipkart’s success story. But ......

Flipkart to invest $25 mn in Silicon Valley startups to ramp up deep-tech play

TMT

06 February, 2018

Flipkart to invest $25 mn in Silicon Valley startups to ramp up deep-tech play

Domestic e-commerce player Flipkart is looking to invest $25 million (Rs 160 crore) in Silicon Valley to improve its technology ......

Flipkart to float artificial intelligence unit AIforIndia

TMT

21 December, 2017

Flipkart to float artificial intelligence unit AIforIndia

After launching its data analytics-driven brand Billion, Indian e-commerce giant Flipkart will create an artificial intelligence unit called AIforIndia to ......