The Flipkart cofounder will establish a holding company through which he will run his new businesses.
Binny’s decision to approach the the police came last week, after he stepped down as the Group CEO.
Sumer Juneja will take on the role at SoftBank from his previous position as director at the US-headquartered venture capital’s India office, which he joined in 2009.
The move is expected to start with restructuring of Jabong, where all operations including tech and corporate functions will get combined with those of Myntra.
Flipkart Fashion and Myntra will continue to be run independently, although it is not clear how much focus will remain on Jabong and if it will continue operations.
The woman who raised the allegations against Bansal served as a call centre executive at Flipkart.
'Regulations should exist for OTT players but for data localisation it does not matter where data sits'
The New York-based investment firm has issued term-sheets to the two software companies, according to three people aware of the development.
Google India has remitted Rs 16,119.6 crore — all of it earned in India — to Ireland and Singapore.
Paytm Mall saw its financials deteriorate with a loss of Rs 1,787.55 cr on total revenue of Rs 774.86 cr in FY18.
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