Flipkart co-founder Sachin Bansal admits disagreements with Walmart over strategy, says my exit from Flipkart was … – The Times of India

Flipkart co-founder Sachin Bansal has admitted that he was unhappy leaving Flipkart after its acquisition by Walmart in the year 2018. Bansal expressed deep dissatisfaction with his exit from the e-commerce giant, labeling it “unfinished business.” Speaking at Startup Mahakumbh, Bansal recounted a conversation where Paytm CEO Vijay Shekhar Sharma remarked on his unhappiness despite…

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How Flipkart co-founder Sachin Bansal’s fintech startup Navi lost Rs 14 crore to payment gateway fraud – The Times of India

Flipkart co-founder Sachin Bansal‘s fintech startup Navi Technologies has fallen victim to a payment gateway fraud, resulting in losses of ₹14.26 crore over a two-week period in December 2024.The Whitefield Cyber Crime Police in Bengaluru have launched an investigation after registering a case against unidentified fraudsters.According to a report in The Hindu, scammers exploited a…

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RBI bans Flipkart founder Sachin Bansal’s Navi, here’s what the bank’s statement reads – Times of India

The Reserve Bank of India (RBI) has banned four non-banking financial companies (NBFCs) to cease and desist from sanction and disbursal of loans, effective October 21, 2024. The NBFCs include Asirvad Micro Finance, Arohan Financial Services, DMI Finance Private and Flipkart founder Sachin Bansal’s Navi Finserv.In a statement, the central bank said that the “action…

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Zerodha’s Nikhil Kamath buys big part of Sachin Bansal’s holding in Ather Energy; says ‘among the largest bets’ – Times of India

Ather Energy, an electric two-wheeler manufacturer, is currently in discussions to secure a substantial funding round through a combination of primary and secondary share sales, according to individuals familiar with the matter.Sources have revealed to ET that Sachin Bansal, a cofounder of Flipkart and an existing investor in Ather Energy, has sold a significant portion…

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