Binny has resigned as the CEO of the person who has allegedly been accused of misusing his personal life.
Since the start of the Flipkart Company, he has been an important part of the e-commerce company. However, Walmart said that he had made a decision to resign after recent events.
Also, there was an allegation of "personal abuse" during an independent investigation by Flipkart and Walmart. This background has made this decision. But they have denied their allegations. No further records were found against Binny as the complainant's allegations were investigated. However, we have the responsibility of the investigation to be intended and fully committed. "
There is no record of Bansal despite the lack of transparency, which reveals that they are stumbling on the situation. We have agreed to their resignation, "Walmart said.
"Well, Binny has been thinking of change over time. So we too are taking action on their successor's choice, which is now faster. Currently, Kalyan Krishnamurthy will be Flipkart CEO. Ananth Narayan will continue to be CEO for Mintra and Jabang, both of which will continue to be separately as part of Flipkart Business. Furthermore, Ananth Narayan needs to report Flipkart CEO Kalyan, "Walmart said.
Sameer Nigam will continue to be the CEO of PhoneFay. Besides, both Kalyan and Sameer will report to the board directly.