Flipkart Group CEO Binny Resigned

Flipkart co-founder, currently Binny Bansal, 37, chief executive of Group CEO, resigned from his post today. Flickcart's parent company Walmart announced that Binny's resignation was only in the wake of a "serious personal misconduct" on him. Reuters reported that this was the result of allegations of sexual abuse by a woman. Flipkart Group CEO Binny resigned 

Binny Bansal founded the country's largest e-commerce company Flipkart with Sachin Bansal. Walmart claims that Binny Bansal has strongly rejected the allegations against him. However, Binny had an independent inquiry on behalf of Walmart, along with Flipkart. Walmart stated that they were responsible for maintaining a thorough and thorough investigation. Binny Bansal has resigned from this background. It has been announced immediately. Flipkart Group CEO Binny resigned

There is no evidence to prove the allegations: The evidence against Binny Bansal has not been tested in the trial. However, lack of transparency, defect in judgments and binny in response to the circumstances have been exposed. Hence, Walmart announced Binny Bansal's resignation. Recent developments have caused the management of the company to be miserable. Binny decided to quit. " Walmart said that efforts to accelerate the next Group CEO were hastening. Walmart also said that it is intending to continue investments in India and the future of the company. Flipkart Group CEO Binny resigned

What happened? Walmart did not reveal the allegations of extreme personal misconduct on Binny. However, the woman who allegedly worked with Flipkart a few years ago, now reports that she owns her own business.

* Walmart bought a 77% stake in Flipkart for $ 16 billion (approx Rs 1.16 lakh crore) in May last year. Later, Binny Bansal took over as Group CEO.

* Sachin Bansal, co-founder of Flipkart (Binny has nothing to do with him) sells his 5.5 percent stake to Walmart and withdraws from the company.

Kalyan Krishnamurthy's continuation as Flipkart CEO

Kalyan Krishnamurti will continue as Flipkart CEO. Mithra and Jubang merge are on the Flipkart and continue to be sold as special platforms. It all comes with the Flipkart business.

* Ananth Narayanan will continue as MITRA, jubang CEO. He should report to Krishna Murthy.

* Binny Bansal's resignation in the internal mail sent by the crew to the staff of the company, said Krishnamurti explained.

Shocked: Binny Bansal

"I was shocked at the allegations that I have been subjected to serious personal misconduct. All of them are wrong. In the investigation of an international law firm, no evidence was found for me. It's time for me and my family. As Walmart purchased Flipkart, some seasons to continue until the proprietary transfer process went smoothly. My decision to step out of the responsibilities of the Flipkart Group at the right time has caused these accusations to accelerate. Binny Bansal said in emails sent to employees as a big shareholder and board member.