9Wiki

The Encyclopedia

Sachin Bansal posts emotional farewell message on Facebook, wants to get back to basics

Today we are talking about Sachin Bansal posts emotional farewell message on Facebook, wants to get back to basics, check out the Sachin Bansal posts emotional farewell message on Facebook, wants to get back to basics with complete details and accuracy At 9wiki.info.

Check down the table for Sachin Bansal posts emotional farewell message on Facebook, wants to get back to basics By 9wiki – The Encyclopedia We are always providing right details you can comment below if you found any irrelevant content of celeb.

NEW DELHI: Flipkart co-founder Sachin Bansal, who is exiting the Bengaluru-based company post the Walmart deal, plans to catch up on gaming and brush up his coding skills as he takes time off to finish few pending personal projects.

US retailer Walmart Inc yesterday acquired 77 per cent stake in Flipkart for about $16 billion in its biggest acquisition till date. The deal values the 11-year old Indian e-commerce firm at $20.8 billion.

Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company after the deal, while Binny will stay on.

Sachin and Binny, who are not related and formerly worked for Amazon.com Inc, like their US rival began by selling books when they founded Flipkart. Flipkart sealed the world’s largest e-commerce deal yesterday with Walmart, cementing India’s place in the global e-tailing league.

“I’ll be taking some long time off and focus on finishing a few personal projects which I haven’t been able to find time for. Will catch up on gaming (and see what kids are playing these days) and brush up on my coding skills,” Bansal said in a Facebook post.

The emotional farewell post went on to say: “Sadly my work here is done and after 10 years, it’s time to hand over the baton and move on from Flipkart”.



Sachin Bansal said he will be “cheering from the outside” and urged Flipkart team to continue with the momentum.

“…But I’ll be watching and cheering from the outside — Flipsters, you better continue to do a good job!” he said.

Many employees at Flipkart become dollar millionaires

Flipkart was quite liberal in granting stock options to employees. But it would still not be able to rival Infosys, which is said to have created 20,000 rupee-millionaires and 500 dollar-millionaires in the 1990s and 2000s.

Recalling the cherished relationships and “amazing experiences”, Bansal said that Flipkart had truly upheld customer centricity and that he got to work with the best people.

“We took on some of the biggest challenges and solved many complex problems for india,” Bansal reminisced.

Updated: May 10, 2018 — 6:01 am

Leave a Reply

Your email address will not be published. Required fields are marked *

9Wiki © 2017