Binny Bansal resigns from Flipkart

Binny Bansal resigns from Flipkart

Question: Recently, which of the following co-founder and CEO has resigned from the giant e-commerce company Flipkart?
(a) Sachin Bansal
(b) Jan Koum
(c) Binny Bansal
(d) Sanjiv Bansal
Answer: (c)
Related facts:

  • On 13th November 2018, Flipkart Group co-founder and Chief Executive Officer (CEO) Binny Bansal has resigned after an investigation into an alleged “serious personal misconduct”.
  • Kalyan Krishnamurthy will head the Flipkart as the chief executive (CEO).
  • Earlier in the month of April Sachin Bansal had resigned from the Flipkart during the time of its acquisition by Walmart.

  • It is worth to note that an American multinational retail corporation Walmart has acquired a 77% controlling stake in Flipkart for $16 billion USD in August this year.
  • Flipkart is an Indian electronic commerce company Founded by Sachin Bansal and Binny Bansal in 2007 with its headquarter in Bengaluru, India.


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