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In August 2018, American retail chain Walmart acquired a 77% controlling stake in Flipkart for US$16 billion, valuing Flipkart at around US$20 billion. Flipkart is valued at $37.6 billion as of 2022. It is planning to go public through a listing in the United States of America in 2023. On 13 November 2018, Flipkart CEO Binny Bansal resigned ...
Businessman. Known for. Co-founder, former chairman and CEO, Flipkart [2] Spouse. Trisha Bansal. Binny Bansal (born 1982/1983) is an Indian billionaire [2] 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.
In 2018, Bansal exited Flipkart following the Walmart deal. In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. 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.
Alphabet's Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at $37 billion, a source with direct knowledge of the matter told ...
2023: $1.58 billion: Phase 1, the Bekasi Line and part of the Cibubur Line, were completed in 2023. Jakarta–Bandung HSR: Java: 2016: Completed: 2023: $5.5 billion: 3 of the 4 planned lines have been opened and are operational. [citation needed] Trans-Sumatra Toll Road: Sumatra: In progress: $33.2 billion: Of the 17 planned segments, 8 have ...
Many Starbucks locations are open 24/7. Starbucks has 38,000 shops around the world. Waffle House: Founded in 1955 with a single location in Avondale Estates, Georgia, Waffle House now has more ...
Here's everything you need to know about which stores will be open and closed on New Year's Day 2024. Is Walmart open on New Year's Day? Yes, all Walmart stores will be open from 6 a.m. to 11 p.m ...
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every month.