Binny Bansal, one of the co-founders of Flipkart, has officially stepped down from the e-commerce platform’s board after more than 16 years. Sachin Bansal, the other co-founder, had already left the board in 2018. Binny expressed confidence in Flipkart’s strong position and leadership team, stating that he is stepping aside with the knowledge that the company is in capable hands.
Earlier this month, Binny Bansal announced his new venture called ‘OppDoor,’ which focused on helping e-commerce companies expand globally by providing end-to-end solutions. Flipkart Group CEO Kalyan Krishnamurthy acknowledged Binny’s significant impact on the Indian retail ecosystem and wished him the best in his new venture.
