Binny Bansal, Flipkart's 'execution man', who delivered and kept low
13 Nov 2018 8:56 AM GMT
Binny Bansal is one of the most high profile of India's new generation of young, tech-savvy billionaires.
- Binny and his friend Sachin Bansal started Flipkart from a small flat in Koramangala, Bengaluru's IT hub, delivering books to customers who had ordered online.
- Binny, who was the chief operating officer of Flipkart till 2015, built the company’s logistics network and a well-oiled supply chain, regarded as the backbone of an e-commerce enterprise.
- Binny and Sachin, in the years after 2010, became the poster boys of Indian startup ecosystem, as Flipkart brought on board marquee investors, all the way from Accel Partners and SAIF Partners to global biggies like Tiger Global Management and sovereign funds from Singapore and Qatar.
- Binny is said to have held more favour with investors, especially Tiger Global, who pushed for him to be on the board of the Walmart majority-owned entity.
Next Story
