Binny Bansal Steps Down from Flipkart Board

Binny Bansal, Co-founder of Flipkart, has resigned from the e-commerce firm’s board, months after selling his remaining stake. Bansal cited a conflict with his new venture as the reason for his resignation, expressing confidence in Flipkart’s strong leadership team. “Flipkart is in a robust position…and with this confidence, I have decided to step aside,” Bansal stated.

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