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May 15, 2020 · Two software engineers in India, Sachin Bansal and Binny Bansal did notice the changing dynamic of technology and realized the potential of ecommerce.
In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. 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. Sachin Bansal is now the managing director of Navi Group, a financial services company.
Nov 19, 2023 · Sachin was the CEO since the inception of Flipkart,, and in 2016, Binny Bansal took over as CEO while Sachin Bansal became the executive chairman of the company. However, Binny also resigned from Flipkart in 2018 due to personal misconduct allegations against Flipkart.
Apr 4, 2021 · Initially, Sachin met Binny Bansal in 2005. They both were students of the same institution IITD. In 2007, they launched a startup named Flipkart. This brand was introduced to revolutionize the e-commerce sector forever.
Jul 9, 2022 · In September 2007, two IIT Delhi students, Sachin Bansal and Binny Bansal, started Flipkart as a comparison website for products available to buy online. But very soon, they pivoted and became an online bookstore.
In September 2015, Binny Bansal along with Sachin Bansal, was named the 86th richest person in India with a net worth of $1.3 billion by Forbes India Rich List. Afterwards, India Today ranked him #26th along with Sachin Bansal in India 's 50 Most powerful people of 2017 list.
6 days ago · Former Amazon executive, Sachin Bansal, teamed up with pal Binny Bansal, also a billionaire, in 2007 to found Flipkart as an online seller of books. The duo, who share the same surname but...
Aug 5, 2016 · Flipkart's Sachin Bansal and Binny Bansal. The two Bansals, who are not related, share more than their surname. They both grew up in Chandigarh and studied at IIT-Delhi.Post that, the two worked at different companies for about a year before ending up in the same team at Amazon.
Sachin Bansal, the other co-founder, left in 2018, around the time of the e-commerce major's acquisition by Walmart, and is now building Navi, his own fintech venture. Flipkart on Binny...
Dec 13, 2013 · IIT Delhi batchmates Sachin Bansal and Binny Bansal, who started e-commerce portal Flipkart share their experiences in an exclusive interview with India Today.
