Binny Bansal Exit Flipkart
Flipkart co-founder and group CEO Binny Bansal has resigned from the companyfollowing an internal probe into charges of “serious personal misconduct,” according to a Walmart statement. “While the investigation didn’t find evidence to corroborate the complainant’s assertions against Binny, it did reveal other lapses in judgment, particularly a lack of transparency…” Walmart said, adding Binny had denied the charges. A Reuters report said the allegations pertained to sexual assault dating back a few years. Flipkart’s other co-founder Sachin Bansal left in May, when Walmart acquired a 77% stake in the e-tailer for $16 billion. • Here’s what people are saying.