Flipkart founders booked for cheating bizman of Rs 9.96 cr

The co-founders and directors of e-commerce major  Flipkart  have been booked for cheating a businessman of Rs 9.96 crore.  

The Indiranagar police registered an FIR against Sachin Bansal and Binny Bansal, the co-founders, and other representatives of the  company on the basis of a complaint filed by Naveen Kumar,  the manager of a company named C-Store.  

C-Store had supplied around 14,000 laptops and other electronic goods to  Flipkart to be sold on the online platform. Flipkart returned  1,480 units and did not pay for the rest.   It didn't pay the shipping charges either, the  complaint stated.  

Police have booked the suspects under IPC sections pertaining to cheating and criminal  breach of trust. Further investigation is underway.