Flipkart co-founder Binny Bansal leaves PhonePe’s board
1 day ago · Flipkart co-founder Binny Bansal has stepped down from Indian fintech PhonePe's board of directors, three quarters after making a similar move at the Binny Bansal, who …
FAQs about Flipkart co-founder Binny Bansal leaves PhonePe’s board Coupon?
Why did Bansal leave Flipkart?
Bansal exited Flipkart that he co-founded in 2007. He was holding 1.75% stake in Flipkart in 2022 and he exited by selling it to Walmart. In December 2022, PhonePe separated from Flipkart. Earlier this year, Bansal launched his new venture OppDoor, a B2B platform. ...
Who is Binny Bansal?
F lipkart co-founder Binny Bansal has stepped down from PhonePe’s board of directors, three quarters after making a similar move at the e-commerce giant. Bengaluru-headquartered PhonePe said it had appointed Manish Sabharwal, an executive at staffing and HR firm Teamlease, as an independent director and audit committee chair. ...
Does Bansal own PhonePe?
The Walmart-backed startup, which operates the top mobile payments app in India, branched out of Flipkart in 2022 and was valued at $12 billion in funding rounds that netted about $850 million last year. Bansal still owns about 1% of PhonePe. ...
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