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Posts Tagged ‘ Binny Bansal ’

Flipkart CEO Binny Bansal wants to bring old friends back to take on Amazon

Monday, June 20, 2016 | More »

Binny-Bansal
Binny Bansal, the Flipkart co-founder who took over as the company’s CEO five months ago, is bringing back some of his trusted lieutenants from the past to revive the e-commerce giant’s fortunes and fend off the growing competition from US-based Amazon. As part of this strategy to power up the l...

Flipkart

Exclusive: Flipkart may look at bank loans as it battles cash crunch

Faced with the steady march of its global rival Amazon on its home turf, ecommerce marketplace Flipkart is now turning to debt financing even as equity infusion looks remotely possible post the successive markdowns in its valuation by existing investors, said a person with the direct knowledge of th...

17 June, 2016 | More »

Flipkart

Flipkart rejigs tech leadership team

Flipkart has revamped its technology leadership team, the second such restructuring this year in the tech vertical at India’s largest e-commerce company by market share. According to Mint, which reported the development, engineering head Peeyush Ranjan has been named the group chief technology off...

10 June, 2016 | More »

Manpreet-Ratia2

Myntra hires ex-Amazon India executive Manpreet Ratia as chief people officer

Flipkart-owned fashion e-commerce venture Myntra Designs Pvt Ltd has roped in former Amazon India executive Manpreet Ratia as chief people officer and head of new initiatives. Ratia will spearhead key HR initiatives and oversee talent acquisition and retention across verticals. He will also be respo...

2 June, 2016 | More »

Binny-Bansal

Binny Bansal charts a new course for Flipkart

Faced with a slew of unsavoury developments – from markdowns in valuation to an imminent threat to its market leadership and, from continuous exits at senior level to mounting losses – Flipkart finally felt the need to clear the air. Binny Bansal, the cofounder who took over as the CEO four mont...

24 May, 2016 | More »

Flipkart_by_shah_junaid_1001

Exclusive: Flipkart’s Sharat Singh quits within six months

Sharat Singh, who had joined Flipkart as vice president of engineering in November, has quit after a short six-month stint in the latest senior-level exit from the e-commerce company. Singh has joined US multinational Adobe as vice president of engineering. Emails sent to Singh as well as Flipkart d...

21 May, 2016 | More »

Ankit-Nagori-New-Pic

I am better prepared now to handle the challenges of entrepreneurship: Ankit Nagori

After Sachin Bansal, co-founder and executive chairman, and Binny Bansal, co-founder and CEO of Flipkart, Ankit Nagori’s was perhaps the most well-known face at the e-commerce company. Starting off in 2010 as a 24-year-old manager at India’s hottest consumer internet company, Nagori rose...

17 May, 2016 | More »

Fashion

Fashion app Roposo gets $5M in Series B funding from Bertelsmann investment arm

Gurgaon-based Relevant e-solutions Pvt. Ltd, which runs fashion discovery app Roposo, has raised $5 million (around Rs 34 crore) in the second leg of its Series-B round from Bertelsmann India Investments (BII). The funds will be used for strengthening its technology backbone, expanding its team, bol...

26 April, 2016 | More »

Punit Soni

Can’t say my exit not linked to Flipkart management change: Punit Soni

Punit Soni, who last week quit as Flipkart’s chief product officer, has admitted his exit is related to the recent management reshuffle at India’s largest e-commerce company. For full article click here...

20 April, 2016 | More »

Punit-Soni

Flipkart chief product officer Punit Soni quits in just over a year

Flipkart chief product officer Punit Soni has quit the company, the e-commerce company confirmed on Wednesday without specifying any reason. This is the third top-level exit at Flipkart within two months after Mukesh Bansal, head of marketplace and a board member, and chief business officer Ankit Na...

13 April, 2016 | More »

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