Search results
3 days ago · Real Time Net Worth. as of 9/27/24. #2482 in the world today. Photo by Hemant Mishra/Mint via Getty Images. From the Editor. Former Amazon executive, Sachin Bansal, teamed up with pal Binny...
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.
May 3, 2023 · Meet Sachin Bansal, IITian who co-founded Flipkart from his flat, has net worth of over Rs 10,600 crore. Sachin Bansal took on Navi Group as the company's managing director after leaving his position as executive chairman of Flipkart.
- Sachin Bansal- Education
- Sachin Bansal- The Flipkart Story
- Sachin Bansal- Flipkart Under Sachin's Leadership
- Sachin Bansal- Bringing Cash on Delivery Options
- Sachin Bansal- Turning Flipkart Into A Truly Pan-Indian Delivery Network
- Sachin Bansal- Reaching The Third-Party Marketplace
- Sachin Bansal- Big Billion Day
- Sachin Bansal- Sachin as An Inspiration
- Sachin Bansal- FAQ's
- Sachin Bansal- Conclusion
Sachin was born in Chandigarh and was a prodigy since his initial days. His father was a business, man and Sachin became a tech geek during his school days at St. Anne’s convent school. Sachin was a student from the prestigious Indian Institute of Technology, Delhi. Being a computer science student, his future was bright. This was mainly because du...
Flipkart was the Indian e-commerce’s biggest success. With a $16 billion acquisition by Walmart, the brand became one of its kind. Hence, Flipkart was in the scene to give a tough competition to Amazon. Initially, Sachin met Binny Bansal in 2005. They both were students of the same institution IITD. In 2007, they launched a startup named Flipkart. ...
The next year, Sachin and Binny hired their first full-time employee. The man was Ambur Iyyappa. Well, Ambur became a millionaire later on! After providing quality services to its customers, the team witnessed a huge growth in its popularity. Therefore, Accel Partners became the first VC firm to invest in Flipkart. The investment was $1 million and...
Cash has been an indispensable part of the Indian economy. Hence, to attract more customers, Flipkart founders introduced the Cash on Delivery payment option. This enabled customers to pay for their purchase in cash upon the doorstep option. Ekart was the logistics company that came forward to deliver all the products to the customers. Apart from t...
With steady growth in the 2010 era, it started selling Cameras, computers, laptop health, and personal care appliances too. Sachin also introduced Flipkart’s digital wallet. By the end of 2011, Flipkart’s network expanded to over 600 cities across the country. The decade of 2010 will be characterized by the development of the technology sector. Wit...
Flipkart under Sachin decided to expand its service. Therefore they adopted a marketplace model to bring third-party sellers into the frame. This was a decision that changed Flipkart’s fortune as it was able to sell 100,000 books per day. To attract more customers, the team lead by Sachin decided to introduce the Next Day Delivery Scheme. Flipkart ...
Under Sachin, Flipkart was able to compete with Amazon. However, in 2014, the brand team introduced Big Billion Day, this was a masterstroke as this scheme increased the popularity of the company substantially. After the acquisition of online fashion retailer Myntra, the company raised $1.9 billion across three separate rounds of funding. Flipkart ...
The story of Sachin Bansal has been an inspirational one. His leadership skills enabled Flipkart to grow in an environment that was ruled by Amazon. With perfect planning and execution, his ideas were successfully implemented. Now, Flipkart stands as one of the biggest companies in the startup sector. Hence, his story is of great importance regardi...
Where is Sachin Bansal now?
Sachin has acquired a 94 percent stake in Bengaluru-based microfinance company Chaitanya Rural Intermediation Development Services (CRIDS). The Flipkart founder will reportedly invest INR 739 crore in the non-banking finance company (NBFC) and is expected to take up the role of CEO as a part of this deal.
How much is Sachin Bansal worth?
120 crores USD (2021) is Sachin Bansal Net Worth.
What is Sachin Bansal Education?
Sachin has graduated from the prestigious Indian Institute of Technology, Delhi.
Sachin Bansal, the co-founder of Flipkart, made a billion-dollar exit from Flipkart when it got acquired by Walmart. By continuous effort, hard work, and dedication, Sachin and Binny Bansal helped Flipkart grew from an online book-selling service to Indian first and most popular e-commerce unicorn. After exiting from Flipkart, Sachin Bansal has uti...
- 38
- Indian
- August 5, 1981 Chandigarh, India
- Indian Institute of Technology, Delhi
Sep 1, 2023 · Former Flipkart co-founder Sachin Bansal is India's self-made billionaire who built his billion-dollar business from the comfort of his flat. The company was worth $20.8 billion in 2018. The decision to sell Walmart Sachin Bansal's 5.5 percent ownership stake in Flipkart was made in 2018.
May 2, 2023 · Sachin Bansal’s net worth. Sachin Bansal has an estimated net worth of 1.3 billion, Forbes reported.
People also ask
What is Sachin Bansal net worth?
Does Sachin Bansal own Flipkart?
Who is Sachin Bansal wife?
Who is Sachin Bansal?
Sachin Bansal's current net worth is $1.23 billion. What is Sachin Bansal's current global rank among billionaires? Sachin Bansal holds the 2484th position globally among billionaires.
