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Flipkart's founders Sachin Bansal, Binny Bansal out of billionaire list

Flipkart's founders Sachin Bansal, Binny Bansal out of billionaire list

Wednesday, March 8, 2017, 3:47 PM

Due to successive devaluation of e-commerce major Flipkart by different funding agencies, its founders Sachin Bansal and Binny Bansal are out of a global billionaires list. Sachin Bansal and Binny Bansal are amongst the 31 Indian billionaires who are out of the Hurun Global Rich-Indian billionaires list. The last year was a tough year for Flipkart which faced huge competition from Snapdeal and Amazon.
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