Binny Bansal, chief executive of Indian ecommerce platform Flipkart Group, resigned abruptly on Tuesday following an investigation into “an allegation of serious personal misconduct.”
This comes just six months after his fellow co-founder left the ecommerce company. And while details are sparse, it at the very least is not an ideal development for U.S. retail giant Walmart, which paid $16 billion for a majority stake in the company in May in order to advance ecommerce in India.
According
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