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In 2018, Bansal exited Flipkart following the Walmart deal. In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. In 2018, Bansal held a 5.5 per cent stake in Flipkart, which he sold to Walmart and his net worth then was a little over $1 billion.
Businessman. Known for. Co-founder, former chairman and CEO, Flipkart [2] Spouse. Trisha Bansal. Binny Bansal (born 1982/1983) is an Indian billionaire [2] Internet entrepreneur. [3] As of February 2024, his net worth was estimated at US$1.4 billion. [1] In 2007 he co-founded the e-commerce platform Flipkart.
Flipkart was founded in October 2007 in Bangalore [11] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [12] [13] [14] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from each family.
Shopsy is a zero-commission marketplace model for sellers in India . It is a digital commerce initiative by Flipkart, the Bengaluru -headquartered and Walmart-owned e-commerce company with over US$7.7 billion in annual revenue (FY 2022). [21] [22]
June 27, 2024 at 12:00 PM. Shutterstock/Hung Chung Chih. Many people have a desire to work with animals, but few get to do it as their profession. Good Morning America was recently invited to a ...
The 93-year-old gave another $4 billion to the foundation on top of the previous $39 billion already donated, but that may be the end.
Kurtis Matthew Kenneth Conner [P 1] was born at North York General Hospital in the North York district of Toronto, Ontario, Canada, [P 2] on May 4, 1994, [P 3] [P 4] and grew up in Hamilton, Ontario [P 5] [P 6] before moving back to Toronto. [2] He has an older sister. [3] [. P 7] His stepfather died on June 6, 2023.
Airlines can’t make a buck off of it. A record number of passengers are expected to pass through US airports this holiday travel week. You’d think this would be a great time to run an airline ...