Binny Bansal Sells Flipkart Shares Worth Rs 530 Crore to Walmart

Binny, who had co-founded Flipkart with Sachin Bansal (not related) in 2007, had sold a small portion of his minority holding during the Walmart deal. The current sale is estimated to have reduced Bansal's holding from 3.85 per cent to 3.52 per cent.

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