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Walmart-Flipkart deal: When Sachin Bansal had to return his referral bonus

Sachin's decision to exit Flipkart after its takeover by Walmart was a very emotional moment, said Binny

Sachin Bansal (left) and Binny Bansal
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Sachin Bansal (left) and Binny Bansal

BS Reporter New Delhi
It was close to $2,000 that Sachin Bansal had to repay to Amazon when Binny Bansal, his friend and future business partner, had left the company eight months after joining it. “Sachin had joined Amazon and recommended me, earning an employee recommendation bonus, which he had to soon return as I left Amazon in just eight months,” Binny Bansal, co-founder and group CEO, Flipkart, said on Thursday.
 
An emotional Binny shared this and many other stories about Sachin and their partnership a day after Walmart bought a 77 per cent stake in the Indian e-commerce firm. Sachin’s decision to