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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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.
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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Co-founds Flipkart with Binny Bansal (Founding).
Flipkart achieves unicorn status (Growth Milestone).
Sells a majority stake in Flipkart to Walmart for $16 billion (Major Exit).
Founds Navi Technologies (Fintech Pivot).
Continues as Founder and major investor, managing his liquid wealth (Executive Oversight).
Sachin Bansal's wealth is concentrated in the liquid capital generated from the $16 billion sale of Flipkart to Walmart and his private investments.
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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.
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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-5.84% | -$110.40M
-0.16% | -$2.64M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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