Business Standard

Bansals are back in the game at Flipkart with Masayoshi Son's help

The investment will make Son, through his Vision Fund, one among largest shareholders in Flipkart

Sachin Bansal (left) and Binny Bansal
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Sachin Bansal (left) and Binny Bansal

Alnoor Peermohamed Bengaluru
After raising $2.5 billion from SoftBank’s Masayoshi Son and his Vision Fund, Sachin Bansal and Binny Bansal are back in the driving seat at Flipkart, the company they founded over a decade ago.

The investment will make Son, through his Vision Fund, one among the largest shareholders in Flipkart and will lower the strength of Tiger Global on its board. Around $1.5 billion in the latest deal is being used to purchase shares from existing investors, largely from Tiger. The move could see the role of Kalyan Krishnamurthy, a former director at Tiger and the current CEO of Flipkart, being

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