for (IPO) @flipkart; $bansals = $bansal++

Flipkart's getting ready for the IPO in the next few months and that's led the company to split into three verticals. The co-founders of the company, Sachin Bansal and Binny Bansal will be joined by a third Bansal, 'Mukesh'; who they acquired along with Myntra. While Sachin Bansal will continue to be the top boss (CEO), Binny Bansal will head the logistics and supply chain. Mukesh Bansal will be in charge of marketing initiatives and ensuring the success of the marketplace model.

The company's taking these steps to curb the losses and bring much desired focus to various operations within the company. The question here is - do you think Flipkart will continue to survive despite continuing to make losses? Or will IPO just help the investors make the much desired exit they've been aiming?

PS: Like if you liked the title 😉

Replies

You are reading an archived discussion.

Related Posts

Hi everyone! I am trying to make a presentation concerning up to date internal combustion engines for different applications (light duty/passenger cars, heavy duty, marine/low rpm, aviation etc). I don't...
Ramnit, a malicious software has infected about 3.2 million computers worldwide since last five years. Europol, in an operation successfully took down the cyber-crime group that was using Ramnit to...
More and more people nowadays discuss how intelligence is overrated. An old Forbes article (that has been really popular in recent times) shares a research done by Carnegie Institute of...
The selfie mania has gripped everyone across the globe. Be it young smartphone users or tech companies launching special selfie smartphones, every seems to be either taking selfies or talking...
The cheapest Android offering from Motorola has got a facelift with the next gen Moto E. The Moto E (2nd Gen), as the company likes to call it, has significant...