binny bansal

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…

Scapia, a startup founded by Anil Goteti, a former senior executive at Flipkart, has raised $9 million in its first round of funding led by Matrix Partners India along with participation from Tanglin Venture Partners and Binny Bansal’s…

Both, Sachin and Binny graduated from IIT Delhi in 2005.Sachin and Binny soon left the popular e-commerce site after Walmart acquired more than 77 per cent of the company’s shares for USD 16 billion. Flipkart is considered one of the…

Flipkart veteran Anil Goteti has embarked on a fintech venture. Scapia, which features a credit card and an app, allows customers to earn points earned on card spends to be redeemed for flights and hotel stays worldwide.The card, introduced…

Happy Monday. Global funds and individual investors are all lining up funds for professional sports clubs, a new and emerging trend that we are capturing through two important stories in today's packed and rather sporty edition of ETtech's…

Flipkart co-founder Binny Bansal, who has increased the pace of his investments over the past few months, is in advanced stages of talks to pick a stake in the Bengaluru franchise of the volleyball team under the Prime Volleyball League…

Funding activity in the Indian startup ecosystem saw a jump this past week largely because of a few deals that were announced including the fundraise at DMI Finance.A total of $491 million of funding was raised across 18 rounds between…

Curefoods, a cloud kitchen startup, said it has closed a funding round of around Rs 300 crore led by Flipkart founder Binny Bansal’s Three State Capital. This includes primary and secondary investments in the Bengaluru-based startup, which…

Flipkart cofounder Binny Bansal is in talks to invest about $100-150 million in PhonePe as part of an ongoing financing round at the digital payments company, people in the know said. The transaction, if it goes through, will be among the…

It’s Friday and we are breaking a big story as we roll into the weekend. Flipkart cofounder Binny Bansal is eyeing an over $100 million stake in online payments major PhonePe. The deal is in the works, per sources.This and more in today’s…