Flipkart co-founder plans new start-up

Flipkart co-founder Binny Bansal and former McKinsey consultant Saikiran Krishnamurthy are banding together to launch a company that will offer technology tools, learning and consulting services to growth-stage start-ups which are looking to scale up. Called xto10x Technologies, the venture has been funded by Bansal and Krishnamurthy, who headed Flipkart's logistics arm Ekart and later spearheaded taxi-hailing firm Ola's marketplace business. Still at the concept stage, the company is looking to hire a team by January next year, as it tests out its product with a clutch of start-ups. The platform is targeting Series B and C start-ups and will offer them software tools, consulting on a self-serve model, and mentorship and learning.