Flipkart co-founder CEO Binny Bansal steps down
November 14th, 2018
Flipkart co-founder Binny Bansal announced his resignation as the CEO of the group, effective immediately. The decision came to light after Flipkart and Walmart released a statement informing the same. The statement read, ‘Earlier today, Binny Bansal announced his resignation as CEO of Flipkart Group, effective immediately. Binny has been an important part of Flipkart since co-founding the company, but recent events risked becoming a distraction & Binny has made a decision to step down’.