Sachin quit Flipkart as Walmart wanted one founder: Reports
Flipkart Co-founder Sachin Bansal has quit the India e-commerce startup because Walmart wanted only one of the two founders on board, according to reports. Sachin will also sell his 5.5% stake for a reported amount of $1 billion. Until the final leg of the discussions, Sachin was expecting to buy more shares and not sell his stake, the reports added.