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Binny Bansal seeks $100 million cash payout from Walmart after leaving Flipkart: report

Updated : December 19, 2018 08:51 AM IST

After his abrupt exit from Flipkart, Bansal might receive a smaller payment of about $100 million, the report said.
Walmart acquired about 77 percent of Flipkart in May, for nearly $16 billion in what was the US retail giant's largest-ever deal and a move to take on arch rival Amazon in a key growth market.
Binny Bansal seeks $100 million cash payout from Walmart after leaving Flipkart: report
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