Binny Bansal

Binny Bansal
Born1982 or 1983 (age 41–42)[1]
NationalityIndian
Alma materIIT Delhi
OccupationBusinessman
Known forCo-founder, former chairman and CEO, Flipkart[2]
SpouseTrisha Bansal

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]

  1. ^ a b "Forbes profile: Binny Bansal". Forbes. Retrieved 4 February 2024.
  2. ^ a b Verma, Mihir Dalal (13 January 2016). "Flipkart's other Bansal comes to the fore". Mint. LiveMint.
  3. ^ a b Srikar Muthyala (29 September 2015). "The List Great Entrepreneurs of India in 2015". MyBTechLife. Archived from the original on 14 January 2016.
  4. ^ Punj, Deepshikha (17 September 2011). "Sachin Bansal and Binny Bansal proudly owns flipkart.com, the biggest online bookstore in India". India Today.
  5. ^ "Flipkart sales hit whopping $1 bn, Sachin and Binny Bansal 'run rate' stupendous". The Financial Express. 9 March 2014.
  6. ^ Cite error: The named reference 2016LiveMintC was invoked but never defined (see the help page).
  7. ^ "Kalyan Krishnamurthy to take over as Flipkart CEO, Binny Bansal Group CEO - FactorDaily". factordaily.com. 9 January 2017. Archived from the original on 10 January 2017. Retrieved 9 January 2017.
  8. ^ "Binny Bansal". Forbes.
  9. ^ "IIT दिल्ली को इन 2 पूर्व छात्रों ने दिए 125 करोड़, करते हैं ये बिजनेस". आज तक (in Hindi). 31 October 2019. Retrieved 31 May 2023.