Stay updated with breaking news from Binny gill. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The development comes within a week of gaming unicorn Mobile Premier League (MPL) laying off about half of its India team or close to 350 people to cut down cost burden due to the increase in GST to 28 per cent. ....
Bansals exit marks the end of the founding entrepreneurs association with one of the most storied Indian consumer internet startups over the past decade. ....
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. ....
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. ....
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. ....