Flipkart Founder Binny Bansal is Launching a Stealth AI Startup

After building a fortune in Indian e-commerce, billionaire Binny Bansal is expandinga into the rapidly developing AI-as-a-service market by starting a business that would target global clients.

According to people familiar with the situation, Bansal, who co-founded online retailer Flipkart and later sold it to Walmart Inc.

According to the individuals, the firm is based in Singapore and will mostly operate out of Bengaluru.

It is currently in stealth mode and plans to introduce its products in the next months.

the billionaire relocated to Singapore and currently commutes between the two cities.

After graduating from the Indian Institute of Technology Delhi, Bansal and his co-founder of Flipkart