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Monday 24 June 2019

Binny offloads $76m worth Flipkart shares to Walmart

A year after Walmart acquired the business he co-founded, Binny Bansal sold more shares in online retailer Flipkart to its new owner. Bansal, one of the poster boys of the Indian startup industry, had sold a small portion of his minority holding while keeping a 3.85% stake when Walmart bought Flipkart in 2018.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2N7pBZK
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