Flipkart co-founder Binny Bansal has resigned from the board. Leigh Hopkins and Kalyan Krishnamurthy praised Bansal’s commitment to changing Indian retail sector.
After selling his remaining stake, Flipkart co-founder Binny Bansal resigned from the board. Past reports suggest he expected to return to e-commerce, like his co-founder Sachin Bansal, who left Flipkart a few years ago to work on Navi, a banking initiative.
Binny Bansal complimented Flipkart’s 16-year history and reiterated the company’s strong position under a talented leadership team. “With this assurance that the company is in good hands, I have chosen to step aside,” stated. I still love the firm and wish the staff luck enhancing the customer experience.”
As the company’s founder, Binny contributed uniquely. Leigh Hopkins, Executive Vice President of International Strategy & Development and Regional CEO of Asia and Walmex, praised him for his advice and insight after Walmart’s 2018 investment.
Flipkart CEO and board member Kalyan Krishnamurthy thanked Binny and praised his expertise. Krishnamurthy underlined that Flipkart was created by creative thinking and dedicated collaboration to alter Indian buying.
Conclusion
Binny Bansal resigned from the board after selling his Flipkart shareholding. The company’s leadership and 16 years of success were lauded. After Walmart’s involvement in 2018, Bansal delivered a unique contribution, and Flipkart CEO and Board Member Kaylyan Krishnamurthy and Executive Vice President of International Strategy & Development Leigh Hopkins thanked him for his guidance.
