Binny Bansal: Flipkart Co-founder's Life Story

Key facts
Born	Around 1982–83, Chandigarh (Wikipedia gives 1 December 1982; no primary record found) [17]
Hometown/Family roots	Chandigarh; father a bank manager, mother in a government job [12]
Education	St Anne’s Convent School, Chandigarh; B.Tech, Computer Science and Engineering, IIT Delhi, 2005 [9]
Family	Married; lives in Singapore [18]
Company/Group	Co-founder of Flipkart (2007); founder of 3State Ventures and OppDoor; co-founder of xto10x
Wealth	About US$1.4 billion, Forbes real-time (November 2026) [18]; Rs 8,937 crore, 360 ONE Wealth Creators List (July 2026) [19]
Known for	The operations mind behind Flipkart, from cash on delivery and its own delivery fleet to the US$16 billion Walmart deal

In the last week of October 2007, an order came in on a website almost nobody in India had heard of. A web consultant in Mahabubnagar, then in Andhra Pradesh, wanted a copy of John Wood’s Leaving Microsoft to Change the World. Bookshops in Hyderabad did not stock it. He paid through PayPal, because the site had no payment gateway of its own [20] [21].

The two founders did not have the book either. “We looked for the book for two days across 50 bookstores in Bangalore,” Binny Bansal recalled later. When they finally found a copy, he had to borrow money from a roommate to pay for it [21]. The order shipped on 31 October 2007, with a 10% discount for the customer, V.V.K. Chandra [21].

That was Flipkart’s first order. Eleven years later, Walmart agreed to pay about US$16 billion for roughly 77% of the company [1]. Binny Bansal was named in Walmart’s own announcement as the co-founder and Group CEO who would stay on as a shareholder [1].

Six months after that, he was gone too.

This is the story of the quieter Bansal: the operator who built Flipkart’s warehouses, delivery network and cash-on-delivery system while his co-founder was its public face; the CEO who left in a cloud of headlines; and the investor and founder who has spent the years since trying to build again from Singapore.

Where it began

Binny Bansal grew up in Chandigarh. “My parents are still there,” he said in 2023, adding that he goes back almost every year [12]. His birth date is not on any public primary record we could find. Wikipedia gives 1 December 1982 [17]; Forbes lists his age as 43 in November 2026 [18], which fits.

His was a salaried, middle-class home. “My father was a manager in [a] national[ised] bank. And my mom also sort of had a job in a government office,” he told the investor Balaji Srinivasan on a podcast in 2023 [12]. In a 2021 interview with Singapore Management University, he put it plainly: he came from “a middle-class family in India, where both parents were holding government jobs”, and nobody in his immediate family had been in business [13].

He went to St Anne’s Convent School in Chandigarh, the same school Sachin Bansal attended, though the two were not friends there [22] [17].

By his own account he was an ordinary student. “My childhood was mostly dedicated to sports and athletics,” he said on Accel’s podcast [23]. Then computers arrived in his school, around Class IV. “I was an average student in class, in all subjects, but when I saw the computer, I knew that, that is something I’m going to be good at,” he said [12].

That pull took him through the Joint Entrance Examination, which he describes as a contest of more than three lakh candidates for a few thousand seats [12], and into IIT Delhi. He graduated in 2005 with a B.Tech in Computer Science and Engineering [9].

The lab where he met Sachin

The story of Flipkart begins in an IIT Delhi hardware lab in the summer of 2005. Sachin Bansal, also from Chandigarh, had been made to work through the summer to meet course requirements. Binny was in the same lab [16] [24]. “When I met Sachin for the first time, he had been mandated to work through the summer to fulfil course requirements,” Binny wrote years later in a farewell note to him [16].

They were not related, despite the surname. That detail would follow them for two decades.

At IIT, Binny later said, “You were more loyal to your hostel than your department, course or batchmates” [20].

Two rejections from Google, and a job with no business model

After graduating, Binny joined Sarnoff Corporation, a research company, in Bengaluru, working on computer vision [20]. Profiles often say he worked on a sensor that warned drivers who changed lanes without signalling [22]. He found the work interesting but saw no future in it. “There was no business model. And it was never going to be an interesting business to work for,” he said [12].

He applied to Google. Google turned him down twice [20] [24] [17].

In January 2007 he joined Amazon’s development centre in Bengaluru [17] [22]. Sachin, already at Amazon, had referred him. “He even got a referral bonus which he had to pay back because I left in 8 months,” Binny joked in 2018 [25].

The reason he left so fast is the first real clue to his temperament. Within two months he was bored. Staying put started to feel like the bigger gamble. “Working within Amazon looked very risky, as against doing something on my own,” he said. “A safe job looked way riskier than actually getting your hands dirty and learning something!” [20]

The first break

The two friends’ first idea was not a shop at all. They planned a comparison-shopping site that would rank Indian online stores. They dropped it once they looked closely at what they would be comparing. “There was no point in comparing bad companies,” Binny said [20]. And: “There was no online shop that we would buy from; then why would any regular customer? So we decided to build one” [26].

A third person was meant to join them and dropped out before they quit. “The two of us did everything,” Binny said [13].

A two-bedroom flat in Koramangala

Flipkart started in 2007 in a two-bedroom flat in Koramangala, Bengaluru, with two computers [24] [27]. Most accounts date the start to October 2007; YourStory’s company timeline and Binny’s own recollection put the site’s launch in September, with 50,000 books listed from two distributors [28] [13]. Both can be true: the site went live in September and the first order arrived in late October.

How much money they started with depends on whom you ask. The best-known figure is about Rs 4 lakh, roughly Rs 2 lakh each from their savings [24]. YourStory, in another piece, said Binny alone put in Rs 4–5 lakh of a Rs 7–8 lakh total [20]. Binny himself, in 2023, described it in dollars: “We bootstrapped. We’ll put in four or $5,000 each of our own sort of savings” [12]. What all accounts agree on is that it was their own money, a few lakh rupees, and there was no outside funding for the first two years [20].

The name came out of a simple search for a cheap, short domain [20].

Bookmarks outside a bookshop

Writing the code was the easy part. The hard part was everything else. “We knew internet and we knew how to code, but not how to run a business,” Binny said [26].

They visited “about 40 to 50 distributors across Bangalore, going to each of their offices repeatedly” to get books to sell [13]. To find customers, they leaned on search-engine optimisation, and on old-fashioned legwork: the founders stood outside the Gangaram bookshop on Church Street, handing Flipkart bookmarks to people walking out with books [27].

They delivered orders themselves, on their bikes. Orders went from 8–10 a day to 30–40 within months, and only after about a year did they hire delivery help [23].

The division of labour that would define Flipkart showed up early. Sachin ran the website, marketing and design. Binny ran supply, technology at the back end and operations [23] [26]. “Sachin would think ahead, and grow the business and customer base, while I focused on scaling it 10x,” Binny said later [26]. Of his partner, he told CNBC: “Sachin is a lot more intuitive, a lot more creative and a lot more visionary” [14].

The first cheques

In 2009, Accel Partners invested about US$1 million, Flipkart’s first venture capital [27] [28]. In 2010 Tiger Global followed with up to US$10 million, by which point Flipkart had about 200 staff [29].

Tiger Global would end up backing Flipkart again and again. That money turned a bookshop into something much larger.

Building the empire

Cash on delivery: the idea that unlocked India

By 2010 Flipkart had moved beyond books into electronics, and it hit a wall. For about six months electronics barely sold [12] [23]. Indian shoppers did not trust a website enough to pay first for an expensive gadget.

The answer was cash on delivery. “Cash on delivery became very important as the customers wanted to get the product first and then pay,” Binny said [23]. Flipkart paired it with a 30-day replacement policy [30]. Binny is widely credited with pushing it through [31]. COD meant the delivery person had to carry cash back safely, which meant Flipkart needed control of the last mile.

Ekart: doing the whole stack

So in 2010 Flipkart built its own logistics arm, Ekart, starting with a team of about 20 in Koramangala [28] [23]. Within a year it had about 1,000 delivery staff in 20 cities [23]. “We couldn’t have scaled without our own logistics,” Binny said [23]. “You have to do the full stack, from end-to-end on your own” [30].

This was Binny’s domain: warehouses, delivery routes, returns, the dull and expensive machinery that decides whether a parcel arrives. Profiles called him “the operations guy” [31] [32].

Buying rivals, raising billions

Flipkart started buying. It acquired the digital-content startups WeRead (2010) and Mime360 (2011) [33]. In February 2012 it bought Letsbuy, an electronics rival, in a cash-and-equity deal; analysts put the value at about Rs 125 crore, which Flipkart did not confirm [34].

The money kept coming. Naspers’ MIH and Iconiq put in US$150 million in 2012, and rounds of US$200 million and US$160 million followed in 2013 [33].

The marketplace switch

In 2012 the government’s rules on foreign investment barred foreign-funded companies from selling directly to consumers across many brands. Flipkart, funded by foreign investors, had sold largely through an associated seller, WS Retail, an arrangement The Caravan examined closely in 2014 [35]. In April 2013 Flipkart launched a marketplace, letting outside sellers list on the site, starting with 50 [36]. The early structure later became the subject of an Enforcement Directorate case, covered below.

Myntra and the billion-dollar year

By March 2014 Flipkart had crossed US$1 billion in annual gross merchandise value [37]. In May 2014 it bought the fashion site Myntra in a deal of about Rs 2,000 crore, part cash and part stock [37]. “This acquisition helps us grab a bigger market share and compete better,” Binny said, announcing a US$100 million commitment to fashion [37].

That summer Flipkart raised US$210 million from DST Global and others, then US$1 billion in July 2014, led by Tiger Global, Accel, Morgan Stanley and Singapore’s GIC [33]. Amazon had arrived in India in 2013, and the money race between the two would define the next decade.

Big Billion Day, October 2014

On 6 October 2014 Flipkart ran its first “Big Billion Day” sale. It said it sold goods worth US$100 million in about ten hours [38]. It was also a mess: the site crashed, products went out of stock, orders were cancelled, and some prices were changed to non-discounted rates for a few hours [38] [39].

The next day both founders signed an apology to customers. “We did not live up to the promises we made and for that, we are really and truly sorry,” it said [38]. For a company that had built its name on reliability, the apology was a public lesson. The Big Billion Days sale would return every year.

Valuation peak, then the long slide

In 2015 Flipkart raised US$550 million at a reported US$15 billion valuation [33]. Both founders became paper billionaires. Forbes’ 2015 India rich list put each of them at about US$1.3 billion [17].

Then the air came out. Flipkart was losing heavily, Amazon was spending hard, and some investors marked their Flipkart holdings down. Flipkart’s next big round, in April 2017, valued it at US$11.6 billion, well below the 2015 figure [40].

CEO, then Group CEO

In January 2016 the founders swapped roles. Binny became CEO and Sachin became Executive Chairman. Commerce, Ekart, Myntra and corporate functions reported to Binny [24] [17]. In April 2016, under his watch, Flipkart bought PhonePe, a small payments startup founded by Sameer Nigam and Rahul Chari. “Payment has been one of the biggest hurdles for mass adoption of online shopping in India,” Binny said at the time [41]. PhonePe would grow into one of India’s largest UPI apps.

In July 2016 Myntra bought rival fashion site Jabong from Rocket Internet’s Global Fashion Group for US$70 million in cash [42].

In January 2017 Flipkart brought in Kalyan Krishnamurthy, a former Tiger Global executive, as CEO of Flipkart. Binny moved up to Group CEO, with Flipkart, Myntra-Jabong and PhonePe reporting to him [43].

The 2017 fundraise was a turning point. Tencent, eBay and Microsoft invested US$1.4 billion, and eBay sold its India business to Flipkart as part of the deal [40]. In August 2017 SoftBank’s Vision Fund invested more than US$2.5 billion. “This is a monumental deal for Flipkart and India,” Binny said [44]. Flipkart said it would hold more than US$4 billion in cash [44].

The Walmart deal

On 9 May 2018 Walmart announced it would buy about 77% of Flipkart for about US$16 billion, including US$2 billion of new money, valuing Flipkart at about US$20.8 billion [1] [45]. It was widely described as the biggest deal in Indian e-commerce. Walmart’s release said Flipkart’s gross merchandise value had grown more than 50% to US$7.5 billion in the year to March 2018, and that Ekart was making 5 lakh deliveries a day across more than 800 cities [1].

Sachin Bansal sold his whole stake and left. Binny stayed. Walmart named him, alongside Tencent, Tiger Global and Microsoft, as a remaining shareholder, and he called Walmart “the ideal partner for the next phase of our journey” [1] [45]. In a farewell note, he credited Sachin with pushing everyone to think big [16].

The deal closed in August 2018. Walmart deposited Rs 7,439 crore in withholding tax on payments to major selling shareholders [46]. The 2018 Barclays Hurun India Rich List put Binny’s wealth at Rs 6,500 crore, rank 141, just ahead of Sachin [11].

How the wealth was turned into cash

After 2018, Binny’s money came from selling his Flipkart stake in pieces. He was reported to hold about 4.2% after the Walmart deal [47].

• June 2019: sold 539,912 shares to a Walmart entity for about US$76 million (around Rs 531 crore), according to filings reported by Inc42 [47].
• November 2019: sold about 5.3 lakh more shares to the same Walmart unit for about US$76 million, taking his stake to about 3.3% [48].
• October 2021: sold shares worth about US$264 million (about Rs 2,060 crore) to Tencent, leaving him with about 1.84% [49].
• 2023: sold the rest to Walmart. Walmart disclosed paying about US$3.5 billion to buy out Flipkart minority shareholders in that period; reports said Binny’s total proceeds from Flipkart since founding came to roughly US$1–1.5 billion [50] [51].

Today he holds no Flipkart shares. His other large holding is in PhonePe: its updated draft prospectus of January 2026 listed his 3State Ventures with about 1.03% [52]. The rest is spread across startups and his own new ventures.

The setbacks and failures

The 2018 exit

The biggest setback of his career came six months after the Walmart deal, and it is covered in detail in the next section. In November 2018 he resigned as Chairman and Group CEO [2]. The man who had stayed when his co-founder left was now out of the company he had run.

Expanding too fast

Binny has been open about mistakes. Flipkart’s push into electronics flopped at first. “After the setback we went back to the drawing board, revisited our electronics strategy and later it succeeded,” he told students in 2020 [53].

The years from 2015 to 2017, when Flipkart’s valuation fell and Amazon pressed hard, were the hardest. “Real, like real real learning, happens when things are down,” he said in 2016, in the middle of that stretch [15]. In 2021 he said: “I think individual personal growth only comes when things are not working” [30].

xto10x: big ambition, smaller result

His first venture after Flipkart was xto10x Technologies, founded in 2018 with former Flipkart executives Saikiran Krishnamurthy and Neeraj Aggarwal to help startups scale [54]. “Person to person, I can help 10 startups, but the ambition is to help 10,000 early and mid-stage entrepreneurs,” he told Bloomberg [54]. It raised a US$25 million Series A in 2022, led by Binny with 28 other founders and executives, and bought the HR-tech startup Dockabl [55]. It later shrank: it cut about 40% of staff in 2024 and shut its PeopleCues HR product in 2026 [56].

The tax-residency loss

In January 2026 he lost an income-tax appeal over where he lived when he sold Flipkart shares in 2019 (covered below) [7].

Controversies and allegations

The 2018 resignation after a personal-misconduct probe

Allegation: In July 2018, after the Walmart deal was announced, a woman who had earlier worked at Flipkart made a complaint against Binny Bansal to Walmart. Walmart and Flipkart described it only as an allegation of “serious personal misconduct” [2] [57]. Reuters, citing a person familiar with the matter, reported that the complaint related to events several years earlier [58]. Bloomberg, citing people familiar, reported that Walmart executives were concerned that Binny had not disclosed the matter during the deal’s due diligence [59].

Response: Binny “strongly denies the allegation,” the companies’ joint statement said [2]. In an email to staff he wrote: “The allegations left me stunned and I strongly deny them.” He said the investigation “did bring to light lapses in judgment, particularly a lack of transparency,” and that “it is best to step away as chairman and group CEO” [58] [57]. Walmart’s statement, also filed with US regulators, said: “While the investigation did not find evidence to corroborate the complainant’s assertions against Binny, it did reveal other lapses in judgement, particularly a lack of transparency, related to how Binny responded to the situation” [3] [57].

What happened next:

• He resigned on 13 November 2018 and remained a shareholder and board member; Kalyan Krishnamurthy continued as Flipkart CEO and took on Myntra and Jabong [2].
• Business Today, citing The Economic Times, reported that Binny had filed a complaint with Bengaluru’s Koramangala police accusing the woman of blackmail, and later withdrew it [60]. A police official confirmed to PTI that a non-cognisable case was registered and closed after a few days of inquiry [61].
• In February 2019 he declined to discuss specifics, saying “I’m looking forward to the next chapter of my life” [54].

Status: No charge, case or finding of misconduct was ever made against Binny Bansal. Walmart and Flipkart said the allegation was not corroborated; the investigation cited lapses in transparency. The matter is closed.

The Enforcement Directorate’s FEMA notice

Allegation: In July 2021 the Enforcement Directorate issued a show-cause notice under the Foreign Exchange Management Act to Flipkart, Sachin Bansal, Binny Bansal and others, ten parties in all. It alleged that Flipkart’s early structure broke foreign-investment rules on multi-brand retail between 2009 and 2015, in transactions involving about Rs 10,600 crore [62]. That figure is an amount allegedly involved, not a penalty. The government had first referred Flipkart’s structure to the ED in 2012 [35].

Response: Flipkart said: “Flipkart is in compliance with Indian laws and regulations, including FDI regulations,” and that it would cooperate with the authorities [62]. The founders challenged the notice in the Madras High Court, arguing among other things that it came after a long delay [63].

What happened next:

• In January 2025 the Madras High Court dismissed the writ petitions of Sachin Bansal, Binny Bansal and others, holding that FEMA provides an effective remedy through adjudication and appeal, and that questions of delay are for the adjudicating authority [4].
• In October 2025 PTI reported that the ED had offered Flipkart, the company, a route to settle its case by paying a penalty; some officials denied a formal offer, and the report did not say it covered the founders [64].
• On 16 June 2026 the High Court dismissed the founders’ review applications [5] [6].

Status: As of 3 November 2026, the proceedings are pending before the ED’s adjudicating authority. There is no finding of violation and no penalty against Binny Bansal.

The tax-residency dispute

Allegation: The Income Tax Department treated Binny Bansal as resident in India for the financial year 2019–20, when he sold Flipkart shares in August and November 2019, which made the gains taxable in India. He had moved to Singapore in early 2019 and claimed to be a non-resident [7] [65].

Response: Before the Income Tax Appellate Tribunal in Bengaluru, his lawyers argued that he was not resident in India for that year and that the India–Singapore tax treaty should apply [8].

What happened next:

• On 9 January 2026 the tribunal upheld the department’s assessment. It held that he was resident under India’s tax law, having spent 141 days in India that year, and that under the treaty’s tie-breaker rules his permanent home and centre of vital interests were in India [7] [8].
• Reports differ on the amount involved, so we do not state a figure [8] [65].

Status: This is a civil tax dispute, not an evasion case or prosecution. We found no public report of a further appeal as of 3 November 2026.

Competition probe into Flipkart and Amazon

Allegation: In January 2020 the Competition Commission of India ordered an investigation into Flipkart and Amazon after a complaint by a traders’ group. In 2024 the CCI’s investigation arm reported findings that the platforms favoured select sellers and worked with phone makers on exclusive launches, according to Reuters [66]. These are findings of the investigation wing, not a final order.

Response: Flipkart did not comment on the reports, and it and sellers challenged the process in court [66] [67].

What happened next:

• In January 2025 the Supreme Court moved the related petitions to the Karnataka High Court [67].
• In April 2026 the Karnataka High Court reserved judgment in a challenge to the investigation’s scope [68].

Status: Pending. There is no final CCI order or penalty. This case is against the companies; Binny Bansal is not a party, and it concerns practices largely after he left the CEO role.

The Big Billion Day apology

Allegation: After the October 2014 sale, customers complained of crashes, cancellations and prices that had been reset to non-discounted rates [38] [39].

Response: Binny and Sachin wrote to customers: “We realise this breaks the trust our customers have put in us” [39].

Status: No official inquiry followed. It remains the best-known public stumble of the founders’ years.

Giving back

Binny’s philanthropy has centred on education and technology.

IIT Delhi. In 2019, when IIT Delhi launched its alumni endowment fund, Binny committed Rs 100 crore and Sachin Rs 25 crore [69]. IIT Delhi lists him among the fund’s founders, and gave him its Distinguished Alumni Award in 2019 [10] [9]. In December 2025 the institute said he had made its “largest-ever unrestricted individual donation”, amount undisclosed, and that an exhibition hall on its Delhi campus would carry his name [70].

Plaksha University. In April 2025, Plaksha University in Mohali, near his hometown of Chandigarh, launched the Binny Bansal Institute for Inventing the Future with Rs 70 crore of initial funding from him, focused on AI and robotics applied to health, farming and energy [71].

Hurun philanthropy lists. In 2020 he was the youngest person on the Hurun India Philanthropy List, giving Rs 5.3 crore, mostly to education [72]. For FY22 he gave Rs 37 crore through 3State Ventures [73].

Backing other founders. By 2019 he had backed about 25 startups, including SigTuple, Niramai, Unacademy, Inshorts and GreyOrange [74], and was anchor investor in 021 Capital, a venture fund [75]. Through 3State he has recently led or co-led rounds in startups such as the retail chain SuperK [76].

OppDoor: building again

In January 2024 he launched OppDoor, a Singapore-based company that helps e-commerce brands sell in overseas markets such as the US, UK, Germany and Japan, handling market entry, inventory, logistics and tax [77]. Later that month he resigned from Flipkart’s board; reports said he cited a conflict of interest with the new venture. His statement said: “I have decided to step aside, knowing the company is in capable hands” [78] [79]. By January 2026, his 3State Ventures had put about US$14.35 million into OppDoor, according to Singapore filings reported by Entrackr [80].

He also left PhonePe’s board in November 2024, having joined it in December 2020; he kept his stake [81] [82].

Where Flipkart and PhonePe are now

The companies he helped build are still headed for the stock market. In March 2026 Flipkart moved its holding company from Singapore back to India ahead of a planned listing [83]; in May 2026 the IPO was reported to be on hold because of market conditions [84]. PhonePe, the startup Flipkart bought in 2016 when he was CEO, received SEBI’s go-ahead for its IPO in January 2026 and then deferred it in March 2026, citing market volatility [52] [85].

For readers following Flipkart’s other co-founder, see our profile of Sachin Bansal. For other founders who built India’s consumer internet, see Deepinder Goyal, Vijay Shekhar Sharma and Kunal Shah.

What their journey teaches

The safe job can be the riskier bet. Binny left Amazon after eight months because staying felt like the bigger risk to his learning [20]. For a salaried reader, the lesson is not “quit tomorrow”. It is to ask what staying is costing you.

Solve the trust problem, not just the tech problem. Flipkart’s code was not what won India. Cash on delivery, a 30-day replacement promise and its own delivery fleet did, because they took away the shopper’s fear of paying for something they had not seen [23] [30].

Find the partner who is not like you. Sachin thought ahead; Binny made it work at ten times the size [26]. The partnership worked because neither tried to be the other.

Say sorry fast and in public. The 2014 Big Billion Day apology, signed by both founders the next day, did not erase the failure, but it kept customers coming back to a sale that is now an annual fixture [38].

Transparency is part of the job. By Walmart’s own account, the investigation that ended his tenure did not corroborate the complaint; it cited a lack of transparency in how he handled the situation [2]. At the top of a company, how you disclose a problem can matter as much as the problem itself.

Where you live is a legal fact, not a feeling. His tax-residency loss turned on days counted in India and where his home and interests lay [7]. Anyone moving abroad around a big payday should get the residency rules right first.

A profile for general reading, based on public records and reporting as of 3 November 2026. Not investment, tax or legal advice.

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47. Binny Bansal sells Flipkart shares to Walmart - Inc42, Jun 2019
48. Binny Bansal offloads more Flipkart shares, stake down to 3.3% - Inc42, Dec 2019
49. Tencent buys stake worth $264 million in Flipkart from Binny Bansal - Business Standard, Jun 2022
50. Binny Bansal and Accel exit Flipkart as Walmart buys out stakes - YourStory, Jul 2023
51. Walmart pays $3.5 billion to increase stake in Flipkart - Business Standard, Sep 2023
52. PhonePe DRHP: a look at shareholding pattern and key executives - Inc42, Jan 2026
53. Success is outcome of risk-taking and failures: Binny Bansal - The Week, Oct 2020
54. Binny Bansal wants to help 10,000 founders with xto10x - TechCrunch, Feb 2019
55. Binny Bansal's xto10x raises $25 Mn from Bansal and 28 others - Inc42, Feb 2022
56. xto10x shuts PeopleCues - Lapaas Voice, Jun 2026
57. Flipkart's Binny Bansal resigns after probe into personal misconduct allegation - Scroll.in, Nov 2018
58. Binny Bansal resigns as Flipkart CEO over personal misconduct allegations - The Quint, Nov 2018
59. Flipkart and Walmart had very different points of view (Bloomberg report) - ThePrint, Nov 2018
60. Binny Bansal filed police complaint against woman who accused him of misconduct - Business Today, Nov 2018
61. Police filed case against woman on Binny Bansal's complaint, later closed - Zee Business (PTI), Nov 2018
62. ED slaps Rs 10,600 crore notice on Flipkart, its founders over alleged forex violations - ThePrint (PTI), Aug 2021
63. Sachin Bansal moves Madras HC challenging ED FEMA notice - Inc42, Sep 2021
64. ED offers Flipkart to close FEMA violation case by paying penalty (PTI) - DT Next, Oct 2025
65. How Section 6 residency rules cost Binny Bansal his tax appeal - Business Today, Jan 2026
66. India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart (Reuters) - Malay Mail, Sep 2024
67. SC transfers Amazon, Flipkart petitions on CCI probe to Karnataka HC - Business Standard, Jan 2025
68. Karnataka High Court reserves judgment in challenge to CCI proceedings in Amazon-Flipkart probe - LiveLaw, Apr 2026
69. Flipkart founders Sachin, Binny Bansal to invest Rs 125 crore in IIT Delhi fund - Business Today, Oct 2019
70. IIT Delhi exhibition hall to be named after Binny Bansal - Careers360, Dec 2025
71. Plaksha University launches Binny Bansal Institute for Inventing the Future - Entrepreneur India, Apr 2025
72. Binny Bansal youngest on Hurun India Philanthropy List 2020 - YourStory, Nov 2020
73. The Screwvalas, Bansals and Kamaths double philanthropic donations in FY22 - Business Standard, Oct 2022
74. Binny Bansal the investor: startups he has backed - YourStory, Apr 2019
75. Binny Bansal anchors 021 Capital venture fund - YourStory, Jan 2019
76. SuperK bags Rs 100 crore from Binny Bansal's 3State Ventures, others - Inc42, Jul 2025
77. Binny Bansal launches OppDoor, a cross-border ecommerce enabler - Inc42, Jan 2024
78. Flipkart co-founder Binny Bansal leaves board - TechCrunch, Jan 2024
79. Binny Bansal quits Flipkart board citing conflict with his new startup - Inc42, Jan 2024
80. Binny Bansal's OppDoor raises additional $6.4 Mn from 3State Ventures - Entrackr, Jan 2026
81. Flipkart co-founder Binny Bansal leaves PhonePe board - TechCrunch, Nov 2024
82. Binny Bansal set to join PhonePe board - Inc42, Dec 2020
83. Flipkart moves its headquarters back to India ahead of IPO - TechCrunch, Mar 2026
84. Flipkart puts IPO on hold amid market uncertainty - Retail Insight Network, May 2026
85. PhonePe delays IPO plans amid geopolitical tensions, market volatility - Business Today, Mar 2026