Sachin Bansal was born on 5 August 1981 and is an Indian entrepreneur.
17 Facts About Sachin Bansal
2.
Sachin Bansal is best known as the founder of Flipkart During his over 11 year career at Flipkart, Bansal was CEO and chairman.
3.
In 2018, Bansal held a 5.5 percent stake in Flipkart, which he sold to Walmart and his net worth then was a little over $1 billion.
4.
In May 2018, Sachin Bansal announced that after stepping down as the executive chairman of Flipkart, he would be focusing on pending personal projects, gaming and brushing up his coding skills.
5.
Sachin Bansal is the managing director of Navi Group, a financial services company.
6.
Sachin Bansal was born in Chandigarh, India, on 5 August 1981.
7.
Sachin Bansal's father is a business man and mother, a homemaker.
8.
Sachin Bansal attended Indian Institute of Technology Delhi and completed a degree in computer engineering in 2005.
9.
In 2007, Sachin Bansal quit Amazon to start his own company.
10.
From inception until 2016, Sachin Bansal held the position of Chief Executive Officer and from 2016 until 2018, he held the position of Executive Chairman.
11.
In 2018, Sachin Bansal signed a non-compete clause with Walmart and exited Flipkart.
12.
The non-compete clause restricted Sachin Bansal from starting any business that directly or indirectly competed with Flipkart for 18 months and in making any investments in businesses competing with Flipkart for 36 months from his departure.
13.
In December 2018, Sachin Bansal founded BACQ Acquisitions Private Limited, a venture that focused on building and acquiring technology-driven businesses in diverse industry verticals.
14.
In 2019, Sachin Bansal invested $100 million in Ola Cabs and received a stake holding of 0.37 per cent.
15.
Sachin Bansal acquired the general insurance brand COCO, previously owned by the housing finance company Deewan housing finance limited, through his company Navi Technologies in 2020.
16.
Sachin Bansal is married to Priya Bansal singh, a dentist by training and profession.
17.
Priya Sachin Bansal subsequently filed a special leave petition before the Supreme Court of India challenging the earlier Order by the High Court of Karnataka.