Bangalore Businessman Files FIR Against Flipkart Founders For Cheating Him Of Rs. 10 Crore

Bangalore Businessman Files FIR Against Flipkart Founders For Cheating Him Of Rs. 10 Crore

Flipkart has become the latest Indian e-commerce startup to run afoul of its own sellers. A Bangalore-based businessman has filed an FIR against Flipkart founders Sachin Bansal and Binny Bansal for allegedly cheating him of Rs. 10 crore. Naveen Kumar, who owns Indiranagar-based electronics outlet C-Store, says Flipkart hasn’t paid him for laptops he’d supplied to them in 2015-16. In addition to Sachin Bansal and Binny Bansal, Kumar has also named Flipkart’s Sales Director Hari and Accounts Managers Sumit Anand and…

At 33, Flipkart CEO Binny Bansal Is India’s Youngest Billionaire

At 33, Flipkart CEO Binny Bansal Is India’s Youngest Billionaire

There are 2 men on the list who are decades younger than everyone else. They didn’t inherit their wealth, or have famous surnames. They got there because they started a company and it happened to do really well, really quickly. Sachin Bansal and Binny Bansal are the youngest people on India’s billionaire list, and Binny, at 33, pips Sachin by a few months to be India’s youngest billionaire.