Clik here to view.
FDI Ecommerce Rules Will Hit Smaller Startups, Discourage Investors: Binny...
Flipkart cofounder Binny Bansal has criticised the changes in the foreign direct investment (FDI) policies in the Indian ecommerce sector. He reportedly said that these regulations will have an adverse...
View ArticleClik here to view.
Prominent Startup Players Including Binny Bansal Invest In A Singapore-Based...
Some of India’s startup ecosystem’s prominent investors such as Flipkart cofounder Binny Bansal, Udaan cofounder Sujeet Kumar, Flipkart Group CEO Kalyan Krishnamurthy and Facebook’s Asia Pacific head...
View ArticleClik here to view.
Former Employee To Cofounder: Neeraj Aggarwal Joins Binny Bansal’s Xto10X
Former Flipkart and Cure.fit executive Neeraj Aggarwal has joined Binny Bansal’s new venture Xto10X as cofounder and chief operating officer. In the last eight years, Aggarwal has worked with leading...
View ArticleClik here to view.
Movers And Shakers Of The Week [18-23 Feb]
We bring to you the latest edition of Movers and Shakers of this week. This week in the Indian startup ecosystem reports surfaced that MobiKwik’s chief strategy officer Mrinal Sinha has put in his...
View ArticleClik here to view.
Flipkart Losses Increased Fivefold, Records 50% Jump in Revenue in FY18
Flipkart, which was acquired by Walmart in August 2018, has reported a 50% growth in its revenue for the year ending March 2018. According to data intelligence platform Paper.vc which has cited the...
View ArticleClik here to view.
Amazon-Backed Acko Raises Fresh $65 Mn In Series C From Binny Bansal, RPS...
Mumbai-based online-only insurance startup Acko has raised $65 Mn in Series C funding from a bunch of existing as well as new investors. After months of speculations, Flipkart cofounder Binny Bansal...
View ArticleClik here to view.
Flipkart Approves Separation Plan For Payments Unit PhonePe
Walmart-owned ecommerce giant Flipkart has reportedly given in-principal approval to its online payment subsidiary PhonePe to be setup as a separate entity. PhonePe will be allowed to set up an...
View ArticleClik here to view.
SigTuple Raises $16 Mn Series C Round, Binny Bansal To Join Board
Bengaluru-based healthtech startup SigTuple has raised $16 Mn in its Series C funding round led by Trusted Insights, with participation from Accel Partners, Chiratae Ventures, Pi Ventures, Binny...
View ArticleClik here to view.
Supply Chain Management Startup Increff Raises $3 Mn From Binny Bansal, 021...
Bengaluru-based supply chain management startup Increff has raised $3 Mn (INR 20.8 Cr) from Flipkart cofounder Binny Bansal and venture capital company 021 Capital. Increff was founded in 2016 by Rajul...
View ArticleClik here to view.
Binny-Bansal Backed Acko Acquihires Automotive Startup VLer Tech
Mumbai-based motor insurance provider startup Acko has acquihired Mumbai-based automotive company VLer Technologies. The financial details of the deal have not been disclosed yet. Following this...
View ArticleClik here to view.
Binny Bansal Offloads More Of His Flipkart Stake To Walmart
Flipkart cofounder Binny Bansal has reportedly sold more of his Flipkart stake to the US retail giant Walmart, who has acquired the Indian ecommerce firm in August 2018. According to an ET report,...
View ArticleClik here to view.
Binny Bansal Backs Fashion Label House Of Masaba
Mumbai-based fashion label House of Masaba has raised $1 Mn in a funding round led by Flipkart cofounder Binny Bansal. Purple Style Labs, Apoorva Patni of Patni Group, and Apurva Salarpuria of...
View ArticleClik here to view.
Binny Bansal Sells Additional Flipkart Shares To Tiger Global For $14 Mn
Three months after selling shares worth $76.4 Mn, Flipkart cofounder Binny Bansal has sold additional shares in the company to Tiger Global Management for $14 Mn. This could be a part of the...
View ArticleClik here to view.
Binny Bansal Reserves $400 Mn Venture Capital Fund For SouthEast Asian Startups
Entrepreneur-turned-investor Binny Bansal is finding new ways to invest in startups. Flipkart cofounder is now planning to roll out a venture capital fund to target corpus of $300-$400 Mn. The fund’s...
View ArticleClik here to view.
Terraview Rakes In Angel Funding From Binny Bansal, Flipkart’s Krishnamurthy,...
Terraview, a global image processing startup that uses drones to collect aerial imagery, has raised $815K in Series A funding from angel investors including Flipkart cofounder Binny Bansal, Udaan...
View ArticleClik here to view.
The Identity Crisis That Shaped Flipkart’s Destiny
The following piece is an adapted excerpt from Big Billion Startup – The Untold Flipkart Story by Mihir Dalal. Besides going deep into the background of how India’s largest ecommerce startup was made,...
View ArticleClik here to view.
Acko Bags $16 Mn From Ascent As Binny Bansal Prepares $20 Mn Top-Up
Flipkart cofounder Binny Bansal is reportedly planning to pump an additional $20 Mn in Mumbai-based motor insurance provider startup Acko General Insurance, almost doubling his investment in the...
View ArticleClik here to view.
Binny Bansal Offloads More Flipkart Shares To Bring Stake Down To 3.3%
Flipkart cofounder Binny Bansal has decided to unload his shares in the ecommerce unicorn once again. Just like in June this year, Binny Bansal has sold 5.3 Lakh shares worth $76 Mn to Luxembourg...
View ArticleClik here to view.
2019 In Review: 8 Newsmakers Who Made The Headlines, For Right And Wrong Reasons
This article is part of Inc42’s special year-end series — 2019 In Review — in which we will refresh your memory on the major developments in the Indian startup ecosystem such as funding deals and...
View ArticleClik here to view.
Binny Bansal’s Xto10X Takes Singapore Route To Enter Southeast Asia
Flipkart cofounder Binny Bansal-led software and consulting firm Xto10X has stepped into the Southeast Asia market by setting up an office in Singapore to help startups in the region. The operations in...
View ArticleClik here to view.
Binny Bansal’s XTo10X Technologies Will Now Advice, Consult Dunzo
After Flipkart cofounder Binny Bansal resigned from his first brainchild in November 2018, his next venture was to support startups and guide them in growth. For the same, he launched xto10x...
View ArticleClik here to view.
The 42 Most Active Indian Angel Investors Of The Year
This article on the most active angel investors in India compiled by Inc42 based on investments made between January 2014 and October 2019. It is not meant to be a ranking of any kind and is simply a...
View ArticleClik here to view.
Binny Bansal Makes A Comeback, To Join PhonePe’s Board Of Directors
Flipkart cofounder Binny Bansal is set to join PhonePe’s board of directors, as the digital payments partially sold its stake to its parent company Walmart. Bansal will be joining PhonePe co-founders...
View ArticleClik here to view.
Binny Bansal’s xto10x Acquires HRTech Startup Dockabl
Binny Bansal-owned SaaS-based consultancy xto10x has acquired HR tech startup Dockabl for an undisclosed amount. The acquisition will help xto10x’s product offering, which includes platforms like...
View Article
