Flipkart Valuation

Binny Bansal Quits Flipkart board

29/01/2024

After Walmart acquired a majority stake in Flipkart, co-founder Binny Bansal has formally stepped down from the e-commerce giant's board. Binny, who sold his remaining stake to Walmart, has initiated a new start-up called OppDoor.

Flipkart Plans $1 Billion Funding Round, Not Pre-IPO, for the Coming Year: Reports

22/12/2023

According to reports, this is not a pre-IPO round and preparations are being made to raise another fund in the next year.

Flipkart Tightens Purse, No Increment For Top 30% Employees

24/02/2023

The move impacts around 4,500 employees in grade 10 and above