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2007–2010: Start-up phase. Flipkart was founded in October 2007 in Bangalore [ 11] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [ 12][ 13][ 14] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh ...
Trisha Bansal. Binny Bansal (born 1982/1983) is an Indian billionaire [ 2][ 3] Internet entrepreneur. [ 3] As of February 2024, his net worth was estimated at US$1.4 billion. [ 1] In 2007 he co-founded the e-commerce platform Flipkart. [ 4][ 5] He was the chief operating officer until January 2016, when he was promoted to chief executive ...
In 2018, Bansal exited Flipkart following the Walmart deal. [6] In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. [7] In 2018, Bansal held a 5.5 per cent stake in Flipkart, which he sold to Walmart and his net worth then was a little over $1 billion. [7]
Walmart's Flipkart has appealed to India's Supreme Court against a state court's decision that allowed an antitrust probe into the e-commerce firm and its rival Amazon.com Inc to continue, three ...
Here's a look at some of the notable mergers and acquisitions the FTC has investigated or sued to block in recent years: Grocery store chain Kroger announced in Oct. 2022 that it would acquire ...
June 10, 2024. (November 6, 2024) FDA v. Wages and White Lion Investments, L.L.C. 23-1038. Whether the U.S. Court of Appeals for the 5th Circuit erred in setting aside FDA’s denial orders of respondents' applications for authorization to market new e-cigarette products as arbitrary and capricious. July 2, 2024.
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Dream11 provides a fantasy gaming platform for multiple sports such as fantasy cricket, football, basketball, kabaddi, hockey, volleyball, handball and baseball. It is an online game where users create a virtual team of real-life players and earn points based on the performances of these players in real matches. [ 56]