Age, Biography and Wiki
Sachin Bansal is an Indian entrepreneur and co-founder of Flipkart, an e-commerce company. He was born on 5 August 1981 in Chandigarh, India. He completed his schooling from St. Anne's Convent School, Chandigarh and graduated from Indian Institute of Technology Delhi in 2005 with a degree in Computer Science and Engineering.
Sachin Bansal started his career as a software engineer at Amazon.com in 2006. He then co-founded Flipkart with his friend Binny Bansal in 2007. The company was initially started as an online bookstore and later expanded to include other products.
Sachin Bansal is estimated to have a net worth of $1.3 billion as of 2021. He is one of the most successful entrepreneurs in India and has been featured in Forbes India's list of richest people in India. He is also a philanthropist and has donated to various causes.
| Popular As |
N/A |
| Occupation |
Businessman |
| Age |
42 years old |
| Zodiac Sign |
Leo |
| Born |
5 August, 1981 |
| Birthday |
5 August |
| Birthplace |
Chandigarh, India |
| Nationality |
India |
We recommend you to check the complete list of Famous People born on 5 August.
He is a member of famous Businessman with the age 42 years old group. He one of the Richest Businessman who was born in India.
Sachin Bansal Height, Weight & Measurements
At 42 years old, Sachin Bansal height not available right now. We will update Sachin Bansal's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Sachin Bansal's Wife?
His wife is Priya Bansal
| Family |
| Parents |
Not Available |
| Wife |
Priya Bansal |
| Sibling |
Not Available |
| Children |
Not Available |
Sachin Bansal Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Sachin Bansal worth at the age of 42 years old? Sachin Bansal’s income source is mostly from being a successful Businessman. He is from India. We have estimated
Sachin Bansal's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
1.2Â billion USD (2020) |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Businessman |
Sachin Bansal Social Network
Timeline
Sachin acquired the general insurance brand COCO, previously owned by the housing finance company Deewan housing finance limited, through his company Navi technology in 2020.In April 2020, Navi Technologies announced Sachin Bansal as its Managing Director, at the same time when the company disclosed raising 204 crore from Gaja Capital.
In March 2020, Sachin Bansal's wife Priya Bansal filed a dowry harassment case against him alleging physical assault and pressure to transfer properties to his name. She also alleged that Sachin sexually assaulted her sister. A First Information Report registered at the Koramangala police station on February 28 named four persons, including Sachin's parents, Sat Prakash Agarwal and Kiran Bansal and brother Nitin Bansal.
In December 2018, Bansal founded BAC Acquisitions Private Limited, a venture that focused on building and acquiring technology-driven businesses in diverse industry verticals. Since 2014, Bansal has made 18 investments in local, early-stage startups where the deal size was $1–2 million. In 2019, Bansal invested $100 million in Ola Cabs and received a stake holding of 0.37 per cent. In February 2019, he had investments in Ola, Grey Orange, Ather Energy, SigTuple, Inshorts, Unacademy and TeamIndus.
In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. 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. In May 2018, 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.
In October 2007, Bansal and his co-founder, Binny Bansal, started an online bookstore, Flipkart, with an initial capital of ₹400,000 (US$5,600). They first started operating out of an apartment in Koramangala, in Bangalore, India. In the first few months, according to Bansal's own claims, he oversaw all business details, from building the first version of their website to sourcing book to packing and delivering them. From inception until 2016, Bansal held the position of Chief Executive Officer and from 2016 until 2018, he held the position of Executive Chairman. In 2018, Bansal signed a non-compete clause with Walmart and exited Flipkart. The non-compete clause restricted 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.
Sachin Bansal (born August 5, 1981) is an Indian billionaire technology entrepreneur. He is best known as the co-founder of Flipkart, that was acquired by Walmart (77 per cent stake) at $16 billion in 2018. During his over 11 year career at Flipkart, Bansal was CEO and chairman. In 2018, Bansal exited Flipkart following the Walmart deal.
Bansal was born in Chandigarh, India, on August 5, 1981. His father is a business man and mother, a homemaker. Bansal attended Indian Institute of Technology Delhi and completed a degree in Computer Engineering in 2005. After graduation, Bansal worked at Techspan for a few months and later in 2006 he joined Amazon Web Services as a Senior Software Engineer. In 2007, Bansal quit Amazon to start his own venture.
