• Flipkart’s Binny asks for $100mn Walmart payout?

    Flipkart’s Binny asks for $100mn Walmart payout?

    Published Date : 19-Dec-2018 3:34:54 IST

    Flipkart Co-founder and former Group CEO Binny Bansal has reportedly negotiated an immediate payout of $100 million from Walmart, with the remaining due by August 2020. As per his original contract, Binny would have received over half of his more than $850 million worth of stakes. He will continue to keep remainder of his stock in Flipkart, the report added.

Related Posts