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He is best known as the founder of Flipkart During his over 11 year career at Flipkart, Bansal was CEO and chairman. In 2018, Bansal exited Flipkart following the Walmart deal. In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion.
The Singapore-registered entity owns eight Indian companies, including Flipkart Internet Pvt. Ltd, the company that runs the e-commerce marketplace Flipkart.com, Flipkart India Pvt. Ltd, the wholesale business, and Flipkart Logistics Pvt. Ltd, which runs Ekart (the internal logistics arm that can be used by other e-commerce players).
May 15, 2020 · However, in 2018, Sachin and Binny’s decade long journey at Flipkart ended after Walmart acquired Flipkart for $16 billion and valuing the company at over $20 billion. Sachin had served as Flipkart’s CEO until 2016 when Binny took over the reins and remained the CEO until their exit from Flipkart in 2018.
Sachin Bansal (born August 5, 1981) is an Indian technology entrepreneur and an ardent, amateur gamer. [2] [3] He is best known as the co-founder of Flipkart that was acquired by Walmart (77 per cent stakes) at $16 billion in 2018. [4]
Apr 4, 2021 · Initially starting as an online bookstore from a two-bedroom apartment in Bengaluru, the company has come a long way in becoming one of the biggest names in the startup circuit. The story of Flipkart and Sachin Bansal has inspired many entrepreneurs.
May 3, 2023 · India's self-made billionaire started his billion-dollar firm from his flat is the former co-founder of Flipkart, Sachin Bansal. In 2018, the corporation was valued at $20.8 billion. In 2018, Sachin Bansal made the decision to give Walmart his 5.5 percent ownership stake in Flipkart.
Feb 5, 2016 · Contrary to their name, the two businessmen are not related, but they had a shared destiny even before Flipkart was born. Both grew up in Chandigarh and later studied at IIT of Delhi, one of the ...
Sachin Bansal is the Co-Founder and CEO at Navi. Read about his journey, Net Worth, Career History, Education and family.
Mar 3, 2020 · Indian billionaire Binny Bansal, is an internet entrepreneur who co-founded Flipkart along with Sachin Bansal in 2007 and stayed with the company until 2018 when Walmart bought it over.
Dec 26, 2023 · How did Binny Bansal start Flipkart? In 2007, together with Sachin Bansal, he founded Flipkart. They started with an investment of $6000 and initially operated out of an apartment. Flipkart began as a comparison search engine but soon shifted to focus on e-commerce, starting with online book sales. What roles did Binny Bansal play at Flipkart?
