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Binny Bansal exits PhonePe board; Blackbuck's mixed market debutBinny Bansal has stepped down from PhonePe's board, following his earlier departure from Flipkart. This and more in today’s ETtech Top 5.- After Flipkart, Binny Bansal steps down from PhonePe boardBansal played a pivotal role in Flipkart's acquisition of PhonePe in 2016 and has worked closely with PhonePe founder Sameer Nigam since th...
- Former SoftBank managing partner Lydia Jett joins Flipkart boardLydia Jett previously joined Flipkart’s board as a representative of SoftBank in 2017. She had exited Flipkart’s board after stepping down ...
- Silicon Valley’s South Park Commons launches Bengaluru outpost in collaboration with Binny BansalSilicon Valley-based early-stage venture fund South Park Commons made its India entry with an outpost in Bengaluru. This is its first inter...
- Sachin Bansal’s fintech Navi in talks to raise new funding at $2 billion valuation: sourcesThe $2-billion valuation Navi is seeking is lower than the previous funding discussions it had with investors. These discussions also come ...
- P2P lenders to stop liquid funds; and other top tech, startup stories this weekPeer-to-peer (P2P) lending platforms have decided to halt one of their most attractive products from March 31 following increased regulator...
- Binny Bansal raises bets on investments; 9% avg salary hike for IT industryHappy Monday! Flipkart cofounder Binny Bansal is doubling down on his investments in new ventures, including his own startup OppDoor. This ...
- Binny Bansal eyes big game again post Flipkart exitFlipkart cofounder Binny Bansal exited the Flipkart board in January, but he’s been busy making investments and giving shape to his new sta...
- Byju’s empties offices; Made-in-India AI modelsCash-strapped edtech firm Byju’s is vacating multiple offices and tuition centres countrywide as part of a cost-cutting drive. This and mor...
- Binny Bansal’s Three State Ventures funds his new startup OppDoorThree State Ventures is the investment vehicle of Binny Bansal, which is sponsored through his personal capital. The filings reveal the inv...
- A91 Partners plans $750m fund; Fashinza, Virgio to return investor capitalHappy Monday! Homegrown investment fund A91 Partners is once again upping the size of its latest India-dedicated fund, per sources in the k...
- RBI’s TReDs on growth path; green shoots in IT hiringRBI's invoice discounting platform (TReDS), meant for easy access to credit for small businesses, has seen increased usage in the past year...
- Binny Bansal resigns from Flipkart board citing conflict with new ventureBinny Bansal, the cofounder of Flipkart, has officially resigned from the board of the ecommerce company. Bansal recently launched his own ...
- How fintechs got their fingers in every pie; and other top tech, startup stories this weekOn Wednesday, ET wrote about how fintechs were adding more than 42% of the new investors in mutual funds every month. And this is not uniqu...
- Fintechs top mutual fund distribution sweepstakes; IT sector’s slowest growth in a decadeData showed that in November, 30 lakh new SIPs were generated by the entire industry. Industry estimates said that around 42% of these SIPs...
- Flipkart cofounder Binny Bansal launches OppDoor, an ecommerce startup focussed on online brandsFor OppDoor, Bansal, who exited Flipkart fully last year by selling his remaining stake to Walmart, has onboarded former Flipkart executive...
- Tata Pay bags payment aggregator licence; Binny Bansal’s new startup OppDoorHappy 2024! Welcome to the first edition of ETtech’s Top 5 in the new year. Tata group’s digital payments business, Tata Payments, has secu...
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