Sachin Bansal | |
|---|---|
 | |
| Born | 5 August 1981 Chandigarh, India |
| Alma mater | Indian Institute of Technology Delhi |
| Occupation | Businessman |
| Known for | Co-founder and CEO, Navi Group Founder and former CEO and chairman, Flipkart |
| Spouse | Priya Bansal |
| Children | 1 |
Sachin Bansal (born 5 August 1981) is an Indian entrepreneur.[1][2][3] He is best known as the founder of Flipkart[4] During his over 11 year career at Flipkart, Bansal was CEO and chairman.[5] In 2018, Bansal exited Flipkart following the Walmart deal.[6]
In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion.[7] In 2018, Bansal held a 5.5 per cent stake in Flipkart, which he sold to Walmart and his net worth then was a little over $1 billion.[7] Sachin Bansal is now the managing director of Navi Group, a financial services company.
- ^ "ET Awards 2012-13: How IIT-alumnus Sachin Bansal built Flipkart into a big online brand". The Economic Times. ET Bureau. 26 September 2013. Retrieved 8 April 2019.
- ^ "Sachin Bansal, Binny Bansal". CNBC. 6 October 2014. Retrieved 8 April 2019.
- ^ "Meet the 9 richest Indian tech billionaires". The Economic Times. Retrieved 29 September 2020.
- ^ Nair, Radhika (9 August 2013). "Do not start alone, find a co-founder: Sachin Bansal, Flipkart". The Economic Times. Retrieved 8 April 2019.
- ^ "Walmart's $16 billion Flipkart deal creates two billionaires". Mint. 9 May 2018. Retrieved 8 April 2019.
- ^ "Sachin Bansal quits Flipkart as Walmart wanted only one founder on board". The Economic Times. 10 May 2018. Retrieved 8 April 2019.
- ^ a b Ganjoo, Shweta (10 May 2018). "Flipkart-Walmart deal: Sachin Bansal gets over Rs 6700 crore and leaves company, Binny Bansal staying back". India Today. New Delhi. Retrieved 8 April 2019.