Monday 22nd July 2019

Flipkart co-founder sells part stake to Walmart for 531 cr

admin 6:25 pm News Views: 21

Bengaluru, 24 June 2016 : Binny Bansal, the co-founder of India’s leading e-tailer Flipkart, sold around 54 lakh of his equity shares valued at $76.4 million (Rs 531 crore) to world’s retail giant Walmart’s Luxembourg entity FIT Holdings SARL, business intelligence platform said on Monday.

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