Binny Bansal's exit from Flipkart evokes mixed reactions from the Indian startup ecosystem

3 days ago
Indian entrepreneurs express shock and dismay at Binny Bansal's sudden resignation from his position as Chairman and Group CEO of Flipkart, while investors believe the event will not hamper the growth of the startup ecosystem, but say it highlights Flipkart moves to soothe employee nerves after Binny Bansal's exit ... ...

How SoftBank has spun its web across India's internet companies

7 months ago
SoftBank is the new IPO. For startups struggling to turn in profits, an initial public offering remains an unattractive proposition. With its $100 billion war chest, the Japanese conglomerate is a saviour for such privatelyheld companies both in India and globally. It is a corporate investment arm, a venture fund, a private equity firm and a large conglomerate all rolled into one.   ... ...

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