Flipkart find evidence to corroborate the complainant's assertions against Binny, it did reveal other lapses in judgment, particularly a lack of transparency, related to how Binny responded to the situation." In a report dated 25 November 2014, a leading media outlet reported that Flipkart were operating through a complex business structure which included nine firms, some registered in Singapore and some in India. In 2012, Flipkart co-founders sold WS Retail to a consortium of investors led by Rajeev Kuchhal. Initially, the Bansals spent on developing the site. Flipkart later raised funding from venture capital funds Accel India (US$1 million in 2009)
Maplin (retailer) closed their doors with the Maplin company ceasing to exist. In September 2018, UK technology news site The Register reported that Peter Jones has bought the Maplin name and related IPs. The Maplin site has been since brought online and as of September 2018 is waiting for the official relaunch. Maplin (retailer) Maplin Electronics, trading as Maplin, was a retailer of electronic goods in the United Kingdom and Ireland. In June 2017, there were 217 Maplin stores. The company also operated an extensive online, telephone and mail order service. On 28 February 2018, Maplin went into administration, placing 2,500 jobs