Binny Bansal seeks $100m cash payout from Walmart after Flipkart exit

Binny Bansal seeks $100m cash payout from Walmart after Flipkart exit

Binny Bansal listens during an interview in Bengaluru, India, on Monday, June 20, 2016. Photographer: Namas Bhojani/Bloomberg

Flipkart co-founder Binny Bansal is negotiating fresh terms to receive cash payouts from Walmart after he resigned from Flipkart as chairman and group chief executive last month, two people familiar with the matter said.

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