Sachin Bansal

He also pointed out that Indians are highly successful in the US, often holding top leadership positions

Earlier this week, Bansal stepped away from the CEO post pf the finserv and tech verticals to focus on the group's long-term vision, expansion and M&A efforts

Flipkart co-founder Sachin Bansal is in talks to sell his $100 million stake in Ola, seeking a $4 billion valuation, as he shifts focus to his fintech venture Navi amid IPO and funding efforts

Following the imposition of restrictions on Navi, the lender cancelled a scheduled fund raising activity of Rs 100 crore. Rating agency CRISIL had also put Navi's ratings on "rating watch"

Walmart may put an initial public offering of PhonePe ahead of Flipkart, even though Flipkart is a more mature business

In addition to the layoffs, several individuals within the company have resigned over the past few months, including mid-to-senior level employees and leaders

The firm provides digital-first distribution of personal loans, home loans and health insurance to customers without the need of physical infra

Each one of them has played a key role in the building of India, taking ideas and giving them wings. Here's a look at 20 leaders of India Inc who are inseparable from the idea of India

The fintech firm's secured, rated, listed and redeemable non-convertible debentures (NCDs) have a total value of Rs 600 crore after including the greenshoe option of Rs 300 crore.

The RBI has also tightened guidelines, narrowing the regulatory arbitrage that existed between NBFCs and banks

The proposed IPO is completely through a fresh issue of equity shares and there will be no offer-for-sale (OFS), according to the draft red herring prospectus (DRHP)

ICICI Securities, BofA and Axis Capital are the investment banks handling the share sale

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He will take over from Saurabh Jain who resigned from his current role on February 28

The scheme will be pegged to the Indxx Blockchain Index, a gauge for the performance of companies tied to the blockchain ecosystem

During past two months, fund house has filed 14 schemes, all passive. In August, it had filed seven offer documents with Sebi in a single day

ED had issued a show cause notice to Flipkart, its founders, some investors asking them to explain why they should not face a penalty of $1.35 bn for alleged violation of foreign investment laws

Bansal has moved the Madras High Court challenging a show cause notice (SCN) dated July 1 this year issued by the Enforcement Directorate (ED)

Hero MotoCorp-backed electric two-wheeler maker Ather Energy said it has raised $35 million in a funding round led by Flipkart co-founder Sachin Bansal's investment of $23 million

Bansal said there is a huge unmet demand for credit and their digital lending platform has done well despite the Covid-19 pandemic