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Sachin Bansal

Sachin Bansal

S. Bansal
-0.34% | - $-4.12M
$1.19 B ₹ 10,863 Cr
Real Time Net Worth #2911 Ranking as of 21 Feb 2026 By Forbes

More on Sachin Bansal

Gender

Male

Age

44Y

Country

India

Born On

August, 1981

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Indian Institute Of Technology Delhi

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (E-Commerce)

Primary Organization

Navi Technologies

Titles

Founder & CEO

Sources of Wealth

Flipkart (Sold), Navi Technologies

Industry

E-Commerce, Technology, Fintech

About Sachin Bansal


S achin Bansal is a self-made Indian billionaire who is a pioneer of the country's e-commerce industry. He is the co-founder of Flipkart, India's largest and most successful online retailer. He and his partner, Binny Bansal (no relation), who were both former employees of Amazon, founded the company in 2007 from a small apartment in Bangalore. They started by selling books online and have since built Flipkart into a massive e-commerce powerhouse that is often called the "Amazon of India."

Flipkart's success was driven by its deep understanding of the Indian market and its innovations in areas like cash-on-delivery payments, which were crucial for building trust with Indian consumers. He served as the company's first CEO and later as its executive chairman. In 2018, in a landmark deal for the Indian technology industry, the American retail giant Walmart acquired a 77% stake in Flipkart for $16 billion. Bansal sold his entire stake in the company as part of the deal, which made him a billionaire. He has since founded a new fintech startup, Navi Technologies.

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Quick Reads


  • Co-founder of the Indian e-commerce giant Flipkart.
  • He and his partner, Binny Bansal, founded the company in 2007.
  • Walmart acquired a 77% stake in Flipkart in 2018 for $16 billion.
  • He sold his entire stake in the company as part of the Walmart deal.
  • Has since founded the fintech startup Navi Technologies.

Early Life and Background


Sachin Bansal is an Indian businessman, the self-made billionaire Co-founder and former Executive Chairman/CEO of Flipkart, India's largest e-commerce marketplace. His career is rooted in computer science, technology, and serial entrepreneurial disruption.

Bansal holds a B.Tech. in Computer Science from the Indian Institute of Technology (IIT) Delhi (2005). His philosophical approach centers on scale, technological disruption, and long-term commitment to Indian e-commerce (pioneering the online retail model in India). He co-founded Flipkart in 2007 with his university classmate, Binny Bansal, in a Bangalore apartment, recognizing the immense, untapped domestic demand for online book sales.

  • Flipkart (Co-founder & Former Executive): The foundational source of his wealth, the dominant Indian e-commerce platform. Sold a majority stake to Walmart for $16 billion in 2018.
  • E-commerce Pioneer: His success is built on scale logistics and dominating the domestic market for electronics and general merchandise (a key competitor to Amazon).
  • Academic Background: He holds a B.Tech. in Computer Science from IIT Delhi.
  • Investment Strategy: His wealth is now managed through private investment funds (focusing on fintech and early-stage Indian startups).

Career Journey of Sachin Bansal


Sachin Bansal's strategic genius was his commitment to solving the logistics challenge of Indian commerce. He co-founded Flipkart in 2007, pioneering the Cash-on-Delivery (COD) model that was essential for gaining consumer trust in India. His structural contribution is immense: pioneering the modern e-commerce model and transforming Indian retail logistics. The company achieved unicorn status and was sold a majority stake to Walmart for $16 billion in 2018.

Following the exit, he pivoted to fintech (founding Navi Technologies), focusing on digital financial services and insurance. His wealth is secured by the colossal liquid gains from the Walmart acquisition and the long-term appreciation of his diversified assets.

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Sachin Bansal's Timeline


2007:

Co-founds Flipkart with Binny Bansal (Founding).

2011:

Flipkart achieves unicorn status (Growth Milestone).

2018 (May):

Sells a majority stake in Flipkart to Walmart for $16 billion (Major Exit).

2018:

Founds Navi Technologies (Fintech Pivot).

Ongoing:

Continues as Founder and major investor, managing his liquid wealth (Executive Oversight).

Major Business Ventures and Investments


Sachin Bansal's wealth is concentrated in the liquid capital generated from the $16 billion sale of Flipkart to Walmart and his private investments.

  • Flipkart (Co-founder & Former Executive): The foundational source of his wealth, the dominant Indian e-commerce platform. Sold a majority stake to Walmart for $16 billion in 2018.
  • Navi Technologies (Founder): His private fintech company focused on digital financial services and lending (a major focus post-Flipkart).
  • Academic Background: He holds a B.Tech. in Computer Science from IIT Delhi.
  • Investment Strategy: His philosophy is rooted in long-term investment in fintech infrastructure and leveraging the massive Indian consumer growth story.

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Philanthropy and Social Impact


Sachin Bansal's social impact is structural, stemming from Flipkart's role in pioneering e-commerce and logistics in India, accelerating digital inclusion and entrepreneurship. His Navi Technologies contributes to financial inclusion for the mass market. His personal philanthropy supports various community and educational initiatives.

His structural contribution is tied to the successful industrialization and scale of the Indian e-commerce sector.

Fashion, Style, and Lifestyle


Sachin Bansal maintains the professional, pragmatic style of a technology executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a pioneer in the global tech sector.

Residing in Bangalore, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to technology innovation, strategic management, and fintech entrepreneurship.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Co-founder of Flipkart, India's largest e-commerce platform (sold to Walmart for $16 billion).
  • He and his co-founder started the company by selling books online.
  • He holds a B.Tech. in Computer Science from IIT Delhi.
  • He pivoted to fintech (founding Navi Technologies) after the Flipkart exit.
  • His company pioneered the Cash-on-Delivery (COD) model in India.
  • He is known for maintaining a private profile despite his vast corporate interests.
  • His wealth is estimated at $1.1 billion (2024 estimate).

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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