While the investigation did not find evidence to corroborate the complainant’s assertions against Binny, it did reveal other lapses in judgement, particularly a lack of transparency, related to how Binny responded to the situation. Because of this, we have accepted his decision to resign.

"The allegations left me stunned and I strongly deny them….. These have
been challenging times for my family and me. I am concerned that this may
become a distraction for the company and the team," said Bansal in a mail to Flipkart employees

— Madhav Chanchani (@madhavchanchani) November 13, 2018

Do you like good gadgets?

Those sweet cool gadgets?

Oh, yeah

Flipkart CEO Kalyan Krishnamurthy will continue in his current position as head of the mainstream online store. The company was acquired by Walmart in May for roughly $19 billion, making it the largest acquisition in ecommerce history worldwide.