Business Standard

Binny Bansal

FirstClub raises $8mn in seed funding round from Accel and RTP Global

The company was founded by Ayyappan R, former senior VP at Flipkart, chief business officer at Myntra, and the erstwhile CEO of Cleartrip

FirstClub raises $8mn in seed funding round from Accel and  RTP Global
Updated On : 12 Dec 2024 | 1:41 PM IST

Flipkart's Binny Bansal steps down from fintech major PhonePe board

In January this year, Bansal also stepped down from Flipkart's board. He had been on the PhonePe board since 2016, when the Flipkart group acquired the payments firm

Flipkart's Binny Bansal steps down from fintech major PhonePe board
Updated On : 22 Nov 2024 | 5:19 PM IST

India 'great destination' for tech IPOs, markets welcoming: Binny Bansal

Flipkart co-founder pioneer acknowledges quick commerce model working well despite his scepticism

India 'great destination' for tech IPOs, markets welcoming: Binny Bansal
Updated On : 14 Jun 2024 | 11:48 AM IST

India is a better destination for tech IPOs: Binny Bansal to entrepreneurs

Binny Bansal also acknowledged that the quick commerce model is working well in India despite his scepticism

India is a better destination for tech IPOs: Binny Bansal to entrepreneurs
Updated On : 13 Jun 2024 | 9:37 PM IST

South Park Commons enters India in collaboration with Binny Bansal

In collaboration with Binny Bansal, co-founder of Flipkart, the early-stage fund will provide a supportive environment for India's most talented founders

South Park Commons enters India in collaboration with Binny Bansal
Updated On : 13 Jun 2024 | 8:25 PM IST

Binny Bansal's Three State Ventures invests Rs 207 crore in Curefoods

The funding would help the startup to compete with firms like Rebel Foods, Biryani by Kilo and EatClub

Binny Bansal's Three State Ventures invests Rs 207 crore in Curefoods
Updated On : 18 Mar 2024 | 10:35 PM IST

Flipkart co-founder Binny Bansal exits board, launches new startup OppDoor

Binny Bansal has officially exited the board the Walmart-owned e-commerce firm, which he founded along with Sachin Bansal 16 years ago

Flipkart co-founder Binny Bansal exits board, launches new startup OppDoor
Updated On : 27 Jan 2024 | 4:45 PM IST

D-Mart's Damani tops list of '200 Self-Made Entrepreneurs Of Millennia'

Sachin Bansal and Binny Bansal of Flipkart, Deepinder Goyal of Zomato among others in the list

D-Mart's Damani tops list of '200 Self-Made Entrepreneurs Of Millennia'
Updated On : 30 Nov 2023 | 11:20 PM IST

Scapia raises $23mn funding led by Elevation Capital, 3STATE Ventures

Fintech company Scapia has raised USD 23 million in a funding round, led by Elevation Capital and Binny Bansal's 3STATE Ventures. The round also saw participation from existing investors -- Matrix Partners India and Tanglin Venture Partners. "Scapia's USD 23 million Series-A fundraise is a testament to the customers' love for its co-branded credit card and delightful app experience. Within five months of launch, Scapia has distributed its card in over 7,500 pin codes," the company said in a statement. Scapia offers financial products and travel services through its co-branded credit cards. The company plans to use the funds to grow the customer base, add more banking partners, and enhance the product offerings. "This funding will fuel our efforts to grow our customer base, add more banking partners and strengthen our product suite. We are grateful to our new and existing investors who believe in our vision and are helping us deliver a compelling proposition to our customers," Scap

Scapia raises $23mn funding led by Elevation Capital, 3STATE Ventures
Updated On : 21 Nov 2023 | 12:01 PM IST

Billionaire Flipkart founder Bansal ready to launch stealth AI startup

The startup's main operations will be in Bengaluru, and it's headquartered in Singapore, where it's in stealth mode for now and will launch its offerings within months

Billionaire Flipkart founder Bansal ready to launch stealth AI startup
Updated On : 07 Nov 2023 | 10:26 PM IST

Binny Bansal, Accel and Tiger Global exit Flipkart with bumper returns

Latest deal puts Flipkart's valuation at $35 bn and prepares it for IPO

Binny Bansal, Accel and Tiger Global exit Flipkart with bumper returns
Updated On : 31 Jul 2023 | 10:13 PM IST

Flipkart co-founder Binny Bansal invests $3.5 million in LeverageEdu

LeverageEdu, which facilitates overseas education, closed the financial year 2023 with a revenue of about Rs 110 crore

Flipkart co-founder Binny Bansal invests $3.5 million in LeverageEdu
Updated On : 06 Jul 2023 | 6:44 PM IST

Curefoods raises Rs 300 cr in round led by Binny Bansal's investment fund

Cloud kitchen company says it will use financing to expand reach and diversify in offline market

Curefoods raises Rs 300 cr in round led by Binny Bansal's investment fund
Updated On : 06 Apr 2023 | 8:02 PM IST

Flipkart co-founder Binny Bansal planning to invest $100-150 mn in PhonePe

PhonePe has a formidable market presence in the Indian digital payments space. The app leverages the Unified Payments Interface (UPI) like its other peers

Flipkart co-founder Binny Bansal planning to invest $100-150 mn in PhonePe
Updated On : 10 Mar 2023 | 10:12 AM IST

Binny Bansal-backed fashion startup Virgio raises $37mn from Prosus, others

Set up in 2022 by former Myntra CEO Amar Nagaram, Virgio's model uses technology across processes to streamline the entire fashion lifecycle and enable a real-time fashion offering

Binny Bansal-backed fashion startup Virgio raises $37mn from Prosus, others
Updated On : 16 Dec 2022 | 5:52 PM IST

HireQuotient bags investment from Flipkart co-founder Binny Bansal

This comes after the company raised $1.8 million in pre-series A funding last year from Sumant Sinha of ReNew Power, Mohan Lakhamraju of Great Learning, Sujeet Kumar of Udaan; and Kunal Shah of CRED

HireQuotient bags investment from Flipkart co-founder Binny Bansal
Updated On : 24 Nov 2022 | 11:20 PM IST

India at 75: From Ambanis to Bajaj - 20 doyens who shaped India's business

Each one of them has played a key role in the building of India, taking ideas and giving them wings. Here's a look at 20 leaders of India Inc who are inseparable from the idea of India

India at 75: From Ambanis to Bajaj - 20 doyens who shaped India's business
Updated On : 12 Aug 2022 | 11:19 AM IST

Tencent buys stake worth $264 mn in Flipkart from co-founder Binny Bansal

Binny Bansal now holds 1.84% in Flipkart after this deal with Tencent Cloud Europe BV

Tencent buys stake worth $264 mn in Flipkart from co-founder Binny Bansal
Updated On : 12 Jun 2022 | 11:33 PM IST

Tencent buys stake worth Rs 2,060 cr in Flipkart from Binny Bansal

Bansal holds around 1.84 per cent stake in Flipkart after selling part of his stake to Tencent Cloud Europe BV

Tencent buys stake worth Rs 2,060 cr in Flipkart from Binny Bansal
Updated On : 12 Jun 2022 | 1:51 PM IST

Supply chain firm Increff raises $12 mn in funding for expanding business

Funding round attended by TVS Capital Funds, Premji Invest, and Flipkart co-founder Binny Bansal's 021 Capital

Supply chain firm Increff raises $12 mn in funding for expanding business
Updated On : 20 Feb 2022 | 4:34 PM IST