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 officer (CEO).[6] In January 2017 he was promoted to group CEO, then resigned in November 2018 due to personal misconduct allegations of Flipkart.[7] He is an anchor investor in the venture firm 021 Capital.[8] In 2019, Bansal invested in the endowment fund of the Indian Institute of Technology (IIT) Delhi.[9]
Binny Bansal was born around 1982/1983.[2] His father was a chief manager at a bank and his mother is in the government sector.[10] He is originally from Chandigarh, the capital city of Punjab and Haryana. He was educated at St. Anne's Convent School, Chandigarh.[11] [12] He studied software programming at IIT Delhi.[2] He graduated from the Indian Institute of Technology Delhi with a degree in computer science and engineering.[12][13]
After college, he worked at Sarnoff Corporation, and then in January 2007 he joined Amazon as a software engineer.[2]
Early in his career, Binny was employed by Amazon for nine months, and before that, he had been rejected by Google twice.[14] he quit Amazon to co-found Flipkart.[2]
In 2007 he co-founded the e-commerce platform Flipkart.[4] His business partner, Sachin Bansal, unrelated, also came from Chandigarh,[15] and had been a fellow student at IIT Delhi,[2] studying computer science engineering.
He and his co-founder pooled $6000 for startup costs and started operating out of their apartment.[8]
Before co-founding Flipkart, Binny Bansal and his business partner Sachin Bansal initially thought of starting a comparison search engine but realized that the market for E-commerce in India was very small. Hence, after leaving Amazon in 2007, they founded Flipkart as an e-commerce company. Before joining Amazon, Binny had worked with Sarnoff Corporation for a year and a half,[16] where he developed a lane sensor device for cars which would warn you and beep automatically if you changed lanes without giving a signal.[citation needed]
He served as the chief operating officer until 11 January 2016, when he was promoted to chief executive officer (CEO).[6]
In 2016, Binny Bansal became the CEO of Flipkart, where he worked on strategic development, direction and business management.[6]
In 2017, he assumed the role of CEO of Flipkart Group and his previous position was handed to Kalyan Krishnamurthy.[17]
In 2018, Walmart acquired a 77% stake in the Flipkart Group. After the acquisition, Binny Bansal assumed the role of chairman and continued as Group CEO.[18] His 5.5% stake in Flipkart was valued at $1 billion after the acquisition.[19][20]
He resigned from Flipkart in November 2018 on allegations of personal misconduct.[21] According to the Wall Street Journal, a Walmart investigation failed to find evidence to corroborate sexual assault claims against him but revealed "other poor judgement calls" in how he had handled what he termed a consensual affair with a former Flipkart employee in 2016.[22]
Binny Bansal resigned from the executive team on 28 January 2024, and has completely divested his stake. In the last year, Binny, along with Excel and Tiger Global Management, sold their entire stake to Walmart, resulting in Binny earning $1.5 billion. Walmart acquired a 77% stake in Flipkart for $16 billion in May 2018.[23]
He is currently an anchor investor in the venture firm 021 Capital which focuses on investing in the fields of biotechnology, agritech, and the internet.[8]
He is also an angel investor in multiple startups, including BrightCHAMPS, Virgio, Flash, Hire Quotient and Glints.[24][25]
In 2019, he invested 125 crores in the endowment fund of the Indian Institute of Technology (IIT) Delhi.[9]
He also helped back about 47 companies so far spread across 64 funding rounds which include 28 deals in the seed stage, 14 in the early and 4 in late stage.[26]
In September 2015, Binny Bansal along with Sachin Bansal, was named the 86th richest person in India with a net worth of $1.3 billion by Forbes India Rich List.[27] Afterwards, India Today ranked him #26th along with Sachin Bansal in India's 50 Most powerful people of 2017 list.[28]
Bansal currently resides in Bangalore.[10] He has twin sons with his wife Trisha Bansal,[29] a homemaker.[2][10]
Koordinat: 8°32′14″S 115°07′30″E / 8.537136°S 115.125044°E / -8.537136; 115.125044 Kori di Puri Agung Tabanan difoto tanggal 11 Mei 2010 Puri Agung Tabanan adalah sebutan untuk tempat kediaman (Bahasa Bali: puri) Raja Tabanan, yang merupakan salah satu puri di Bali, berlokasi di Jalan Srigunting No. 3 Tabanan, Bali, Indonesia. Puri Agung Di Pucangan Di Bali, pada zaman kerajaan, rumah jabatan tempat tinggal raja disebut Puri Agung. Keberadaan Puri Agung Tabana…
Історико-художній музей (Серпухов) 54°54′13″ пн. ш. 37°25′29″ сх. д. / 54.90370000002777573° пн. ш. 37.42490000002777606° сх. д. / 54.90370000002777573; 37.42490000002777606Координати: 54°54′13″ пн. ш. 37°25′29″ сх. д. / 54.90370000002777573° пн. ш. 37.42490000002777606° сх. д. / 54.9…
Archaeological site in Turkey MatiateMatiate underground cityLocation of Matiate in Turkey.LocationMidyat, Mardin Province, TurkeyRegionSoutheastern Anatolia RegionCoordinates37°25′0″N 41°22′11″E / 37.41667°N 41.36972°E / 37.41667; 41.36972TypeUnderground cityLength1 km (0.62 mi)Height2 m (6.6 ft)HistoryAbandonedyesSite notesPublic accesspartially Underground city of Matiate Matiate is an archaeological site underneath the town of Midy…
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Krankenhaus Diakovere Henriettenstift Ort Hannover Bundesland Niedersachsen Staat Deutschland Leitung Thomas Kersting, Stefan David (Geschäftsführung), Direktorium: Michael Fantini (Ärztlicher Direktor), Sabine Mischer (Pflegedirektorin), Markus Wolf (Kaufmännischer Direktor)[1] Zugehörigkeit Diakovere Gründung 1. Juli 1859 Website Website der Henriettenstiftung Vorlage:Infobox_Krankenhaus/Logo_fehltVorlage:Infobox_Krankenhaus/Träger_fehltVorlage:Coordinate/Wartung/KrankenhausVorl…
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Basilika von Mariazell, österreichisches Nationalheiligtum Nationalheiligtum (lat. sanctuarium nationale, englisch national shrine) ist in der römisch-katholischen Kirche eine kirchenrechtlich definierte Bezeichnung für bestimmte Stätten oder Gebäude, meist Wallfahrtskirchen, die von besonderer Bedeutung für die jeweilige Nation bzw. das betreffende Land sind. Der Titel wird von der Bischofskonferenz des betreffenden Landes verliehen.[1] Derzeit (2018) sind weltweit 202 nationale H…
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Eijsden-Margraten Eijsden-Margraten adalah sebuah gemeente Belanda yang terletak di provinsi Limburg. Pada tahun 2021 daerah ini memiliki penduduk sebesar 25.900 jiwa. Eijsden-Margraten didirikan pada tahun 2011. Munisipalitas ini didirikan dari dua bekas munisipalitas Eijsden dan Margraten. Pranala luar (Belanda) Situs resmi Lihat pula Daftar munisipalitas Belanda lbsMunisipalitas di provinsi Limburg Beek Beekdaelen Beesel Bergen Brunssum Echt-Susteren Eijsden-Margraten Gennep Gulpen-Wittem Hee…
Ini adalah nama Tionghoa; marganya adalah Chu. Joyce ChuJoyce Chu pada 2016.Nama asal朱主爱LahirJoyce Chu Zhu Ai07 Maret 1997 (umur 26)Johor Bahru, Johor, MalaysiaTempat tinggalJohor Bahru, MalaysiaKebangsaanMalaysiaPendidikanSJK(C) Pei Hwa, MalaysiaSi Ling Secondary School, SingapuraPekerjaanPenyanyi, penulis lagu, pemeranTahun aktif2014–sekarangKarier musikAsalMalaysiaInstrumenvokal, gitar, ukulele, guitalele, pianoLabelRED PeopleAvex TaiwanEQ MUSICThe DOW Cultural TaiwanAC…
El texto que sigue es una traducción incompleta. Si quieres colaborar con Wikipedia, busca el artículo original y finaliza esta traducción.Copia y pega el siguiente código en la página de discusión del autor de este artículo: {{subst:Aviso traducción incompleta|Protocolo de Londres (1830)}} ~~~~ Expansión del Reino de Grecia (1832-1947) El Protocolo de Londres de 1830 fue un tratado firmado entre el Reino de Francia, el Imperio Ruso y el Reino Unido de Gran Bretaña e Irlanda el 3 de fe…
Not to be confused with China Movie Channel. State-owned film enterprise in the People's Republic of China China Film Group Corporation中国电影集团公司The studio of China Film Group in Yangsong, Huairou District, BeijingTypeState-owned enterpriseTraded asSSE: 600977IndustryCinemaFoundedFebruary 1999HeadquartersBeijing, ChinaKey peopleHan Sanping, Zhang QiangProductsfilmParentCentral Propaganda Department of the Chinese Communist PartySubsidiariesChina Film AnimationWebsitewww.zgdygf.com …
Ministry of Agriculture, Fisheries and FoodMinisterio de Agricultura, Pesca y AlimentaciónLogotypePalacio de Fomento, Ministry headquartersAgency overviewFormed31 March 1900; 123 years ago (1900-03-31) (as Ministry of Agriculture, Industry and Commerce and Public Works)PrecedingMinistry of DevelopmentTypeMinistryJurisdictionGovernment of SpainHeadquartersPalacio de FomentoMadrid, Spain40°24′32″N 03°41′25″W / 40.40889°N 3.69028°W / 40.40889; …
Japanese manga series by Oh! great Tenjho TengeFirst tankōbon volume cover天上天下(Tenjō Tenge)GenreAdventure, martial arts,[1] supernatural[2] MangaWritten byOh! greatPublished byShueishaEnglish publisherNA: Viz MediaCMX Comics (former)MagazineUltra JumpDemographicSeinenOriginal runJuly 25, 1997 – August 19, 2010Volumes22 (List of volumes) Anime television seriesDirected byToshifumi KawaseProduced byMasao MaruyamaWritten byToshiki InoueMusic …
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Foram assinalados vários problemas nesta página ou se(c)ção: As fontes não cobrem todo o texto. Necessita ser reciclada de acordo com o livro de estilo. Contém referências que necessitam de formatação. Parece estar escrita em formato publicitário. Está redigida sob uma perspectiva preponderantemente brasileira e pode não representar uma visão mundial do assunto. Comunicação Tipos Social Massa Interpessoal Intrapessoal Verbal Não verbal Visual Audiovisual Segmentada Redes Ciberesp…
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