Binny Bansal, the co-founder of Flipkart, is in advanced talks to purchase a stake in the Bengaluru franchise of the volleyball team competing in the Prime Volleyball League..
About eight teams from Bengaluru, Mumbai, Ahmedabad, and other cities compete in the PVL, a competition similar to the Indian Premier League (IPL).
About eight teams from Bengaluru, Mumbai, Ahmedabad, and other cities compete in the PVL, a competition similar to the Indian Premier League (IPL).
Big investments by Bansal
The IIT Delhi alumnus had intended to start his own fund, but those plans fell through. In December 2021, ET reported that he sold a portion of his ownership in Flipkart for roughly $200 million.