“Idea of cash on delivery was a major innovation”
“CoD opened up a larger customer base for us than before. Another defining moment was getting the SEO right we were getting customers for free, but our cost of marketing was zero!”
binny bansal
October 2021
September 2021
October 2019
November 2018
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Binny Bansal: India’s prolific startup investor
The co-founder of Flipkart is one of the most active startup investors in the country today. Bansal has invested in about 47 companies, including Unacademy and Ather Energy.
Mobikon raises $12.5 mn in funding led by Binny Bansal
The Flipkart co-founder led the Series B funding round into the company, which is backed by Jungle Ventures and Sistema Asia Fund.
Life without the Bansals
When Walmart acquired Flipkart in May, employees at the e-tailer took comfort that at least one of the founders was around to take them through the transition. That hope has vanished.
The end of the Bansals’ reign at Flipkart
Walmart says that Bansal had been contemplating a transition for some time and a succession plan is being worked on.
Flipkart to remain a drag on Walmart’s bottom line
Biggest ever acquisition is set to pull down operating income and earnings per share till FY20; but management gung-ho about success in the long run.
Why Walmart needed to bag Flipkart
While many feel Walmart is paying too high a price, at $16 billion, for a majority stake in Flipkart, the US retail giant sees immense potential, especially since rival Amazon grew very fast in India.
Walmart-Amazon slugfest to hurt local competitors
Walmart’s acquisition of Flipkart will seriously challenge horizontal players as the two giants have a massive war chest.
Walmart’s new Indian gamble
Through the Flipkart acquisition, Doug McMillon caters to both his priorities: developing e-commerce capabilities and enhancing engagement in the emerging market of India.
Walmart acquires Flipkart for $16 bln
The deal values the country’s largest e-commerce company at $20 billion
