• Breaking News

    Sachin Bansal to put $400 million in banking business

    Flipkart co-founder Sachin Bansal has said that he will deploy all the proceeds from the sale of his stake in the e-commerce player into his financial services venture Navi Technologies, which has applied for a universal banking licence with the Reserve Bank of India (RBI). Bansal could likely invest $400-450 million in the new venture.

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