Flipkart’s Sachin, Binny Bansal lose billionaire status after $1.4b downround

Flipkart’s Sachin, Binny Bansal lose billionaire status after $1.4b downround

Photo: Hemant Mishra/Mint

Sachin Bansal and Binny Bansal, co-founders of India’s most valuable internet firm Flipkart, lost their billionaire status after the e-commerce firm’s valuation fell in its latest funding round.

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