Flipkart cofounder Binny Bansal has teamed up former McKinsey consultant Saikiran Krishnamurthy to launch a new startup, reported ET Tech.

The venture, called ‘xto10x Technologies’, will offer technology tools, learning and consulting services to growth- stage startups looking to expand their horizon, a person close to the development told the newspaper.

The report said that the company is still in its early stage and will be looking to hire a team by next month.

The startup comes less than a month following Bansal's exit from Flipkart after a probe was conducted to investigate him on charges of “personal misconduct”.

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