Binny Bansal
Flipkart · India
Binny Bansal is the chief executive officer of Flipkart. Bansal is based in India. Earlier roles include positions at Flipkart. Bansal was born in 1982 in Chandigarh and educated at Indian Institute of Technology Delhi and St. Anne's Convent School.
Binny Bansal is an Indian billionaire Internet entrepreneur. As of February 2024, his net worth was estimated at US$1.4 billion. In 2007, he co-founded the e-commerce platform Flipkart. He was the chief operating officer (COO) until January 2016, when he was promoted to chief executive officer (CEO). He was promoted to group CEO in January 2017 but resigned in November 2018 following allegations of personal misconduct at Flipkart. He is an anchor investor in the venture firm 021 Capital. In 2019, Bansal invested in the endowment fund of the Indian Institute of Technology (IIT) Delhi.
Recent developments
AI summary of recent coverageRecent coverage of Binny Bansal has centered on legal and regulatory challenges, including Indian court proceedings related to FEMA violations and a tax tribunal's rejection of Bansal's claim to non-resident status for tax purposes. Separately, coverage has also tracked Bansal's investment activities, including the shutdown of a human resources technology platform backed through Bansal's xto10x venture fund and the expansion of consumer electronics partnerships involving Bansal-backed entities.
Summarized from the headlines below; see each source for the full story.
Key Facts
Source: Wikidata ↗- Born
- 1982 · Chandigarh
- Citizenship
- India
- Education
- Indian Institute of Technology Delhi, St. Anne's Convent School, University of Calcutta
- Awards
- Asia's Most Influential Singapore
Our coverage
On CEOInsider
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Binny Bansal: FAQ
- Where did Binny Bansal work previously?
- Earlier roles include Flipkart (CEO, until 2018).
- Where was Binny Bansal educated?
- Binny Bansal studied at Indian Institute of Technology Delhi, St. Anne's Convent School, University of Calcutta.