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Piyush Goyal to meet ecommerce players; Binny Bansal cashes out of Flipkart

Executives from different ecommerce companies are likely to meet commerce and industry minister Piyush Goyal to deliberate upon the national ecommerce policy. This comes as the government is trying to understand the business models of online groceries and quick commerce platforms. This and more in todays ETtech Morning Dispatch. ....

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End of an era as Binny Bansal, Accel, Tiger Global exit Flipkart with bumper returns

Walmart has bought out Flipkart early investors Accel, Tiger Global and co-founder Binny Bansal has also fully divested his stake in Flipkart which is valued at around $35 billion. ....

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Walmart buys Tiger Global's stake in Flipkart at $35-bn valuation

Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing .. ....

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walmart: Walmart holding in Flipkart likely to hit 80% as Binny Bansal, others sell shares to US retailer

Franklin Templeton, Oryx group and Antara Capital have also fully sold their shares to Walmart, while Qatar Investment Authority has part-sold its holding to Walmart, the filings showed. ....

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Binny Bansal cashes out of Flipkart; Dealshare CEO Vineet Rao resigns

Sachin Bansal cashed out of Flipkart when the Americans moved in five years ago. But his cofounder Binny Bansal had held on to his stake. Now, 16 years after starting the ecommerce company, Binny, too, has sold all his Flipkart shares to the US retail giant Walmart. ....

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