Walmart's chief executive and co-founder of the Flipkart Group Flipkart Group, Walmart, said Walmart Inc resulted in a serious misconduct on Tuesday's regulatory filing.
Bansal strongly rejected the allegations, the company made a statement. The comments of Bansal and his representatives could not be reached.
The company also made other decisions, such as a lack of transparency, about how Binny reacted to the situation, although the investigation had not found any evidence to support the claims of the complainant against Binny.
"Therefore, we accepted the decision to resign."
Kalyan Krishnamurthy, who headed the company's main Flipkart e-commerce operation, said the company would act as its chief executive for a larger group of companies, such as Myntra and Jabong.
Earlier this year, Walmart agreed to pay $ 16 billion for about 77 per cent of the Indian e-commerce company, Amazon's main competitor, for 1.3 billion consumers of India.
It was the biggest deal of the US retailer and was a big move in Amazon's efforts to counter both domestic and international.