Flipkart saga: Bansals' exit paves way for quick succession plan

Binny Bansal, who was the COO of Flipkart till 2015, built the firm's logistics network and a well-oiled supply chain, regarded as the backbone of an e-commerce enterprises

When the contours of a deal with Walmart was still unfolding, one thing was getting clear – that none of the co-founders of Flipkart are going to remain in the long term.

It is a different story that Sachin Bansal had to leave first rather unceremoniously as it was cited that the US retail giant couldn’t find an appropriate role for him.

The Bentonville-headquartered company, however, preferred to retain Binny Bansal, the other co-founder, giving him an additional position of chairman of the board in addition to the group CEO’s role he was already discharging, as he was seen as