Binny Bansal resigns from Flipkart over charges of personal misconduct2 min read 13 Nov 2018, 05:17 PM IST
Binny Bansal’s resignation follows an independent investigation done on behalf of Flipkart and Walmart into an allegation of serious personal misconduct against him, says Walmart.
Bengaluru: Flipkart co-founder and group chief executive Binny Bansal on Tuesday abruptly resigned from the company, following an internal investigation into an allegation of “serious personal misconduct", sending shockwaves across India’s startup ecosystem. Walmart-owned Flipkart didn’t specify the allegation but one person familiar with the matter said it was related to an alleged sexual harassment by Bansal in 2016.
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