GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

Sachin Bansal Will Catch up on Gaming, Personal Projects After Leaving Flipkart

Sachin and Binny Bansal, who are not related and formerly worked for Amazon.com Inc, like their US rival began by selling books when they founded Flipkart.

PTI

Updated:May 10, 2018, 11:27 AM IST
facebookTwittergoogleskypewhatsapp
Sachin Bansal Will Catch up on Gaming, Personal Projects After Leaving Flipkart
Flipkart's founders Sachin Bansal (L) and Binny Bansal.
Loading...
New Delhi: Flipkart co-founder Sachin Bansal, who is exiting the Bengaluru-based company post the Walmart deal, plans to catch up on gaming and brush up his coding skills as he takes time off to finish few pending personal projects.

US retailer Walmart Inc on Wednesday acquired 77 percent stake in Flipkart for about USD 16 billion in its biggest acquisition till date. The deal values the 11-year old Indian e-commerce firm at USD 20.8 billion.

Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company after the deal, while Binny will stay on.

Sachin and Binny, who are not related and formerly worked for Amazon.com Inc, like their US rival began by selling books when they founded Flipkart. Flipkart sealed the world's largest e-commerce deal on Wednesday with Walmart, cementing India's place in the global e-tailing league.

"I'll be taking some long time off and focus on finishing a few personal projects which I haven't been able to find time for. Will catch up on gaming (and see what kids are playing these days) and brush up on my coding skills," Bansal said in a Facebook post.

The emotional farewell post went on to say: "Sadly my work here is done and after 10 years, it's time to hand over the baton and move on from Flipkart".

Sachin Bansal said he will be "cheering from the outside" and urged Flipkart team to continue with the momentum. "...But I'll be watching and cheering from the outside Flipsters, you better continue to do a good job!" he said.

Recalling the cherished relationships and "amazing experiences", Bansal said that Flipkart had truly upheld customer centricity and that he got to work with the best people. "We took on some of the biggest challenges and solved many complex problems for India," Bansal reminisced.
| Edited by: Aditya Nair
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 1,214.75 -2.40 -0.20
Bank of Baroda 116.70 +3.60 +3.18
SBI 274.65 +0.85 +0.31
HDFC AMC 1,414.50 -121.70 -7.92
HDFC 1,842.60 -13.10 -0.71
Company Price Change %Gain
Oracle Fin Serv 4,316.00 +54.15 +1.27
HDFC AMC 1,419.00 -121.20 -7.87
ICICI Bank 321.95 +3.25 +1.02
Bank of Baroda 116.60 +3.15 +2.78
Maruti Suzuki 8,322.10 -78.00 -0.93
Top Gainers
Company Price Change %Gain
Tata Steel 627.95 +15.20 +2.48
Hindalco 239.25 +5.10 +2.18
Coal India 281.00 +7.80 +2.86
BPCL 362.75 +7.65 +2.15
GAIL 382.75 +7.95 +2.12
Company Price Change %Gain
Coal India 281.05 +7.60 +2.78
Tata Steel 627.55 +15.10 +2.47
ONGC 176.95 +3.60 +2.08
Hero Motocorp 3,172.00 +60.35 +1.94
Bajaj Auto 2,816.45 +40.55 +1.46
Top Losers
Company Price Change %Gain
Zee Entertain 453.70 -10.85 -2.34
Lupin 916.70 -12.65 -1.36
Titan Company 814.05 -10.85 -1.32
Bajaj Finserv 6,445.05 -82.55 -1.26
Bajaj Finance 2,527.55 -42.85 -1.67
Company Price Change %Gain
Maruti Suzuki 8,322.30 -77.80 -0.93
HDFC Bank 1,975.35 -18.00 -0.90
HDFC 1,843.20 -12.95 -0.70
HUL 1,660.45 -5.70 -0.34
Wipro 331.15 -1.35 -0.41

Live TV

Loading...
Loading...