Quick Info
| Profession | Entrepreneur |
|---|---|
| Nationality | Indian |
| Date of Birth | 05/08/1981 |
| Age | 45 years |
| Birthplace | Chandigarh, India |
Latest News about Sachin Bansal
01/01/2025
Sachin Bansal stepped down as the CEO of Navi Technologies Limited and Navi Finserv Limited to transition into the role of Executive Chairman of the parent Navi Group. He continues to oversee the group's strategic direction while focusing on high-level leadership rather than day-to-day operational management.
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Bio/Wiki
| Co-founder and former CEO of Flipkart, India's leading e-commerce platform | |
| Founded Flipkart in 2007 with co-founder Binny Bansal (not related) | |
| Served as CEO until 2016, then as Executive Chairman until 2018 | |
| Currently leads Navi Group, a financial services company | |
| Currently Managing Director of Navi Group, a financial services company offering digital loans, home loans, insurance, and mutual funds | |
| Former CEO of Navi Group, having stepped down from the CEO role to become Executive Chairman |
Physical Stats & More
| Height | 175 cm |
|---|---|
| Weight | 70 kg |
| Eye Color | Black |
| Hair Color | Black |
Educational Qualification(s)
| College/University | Indian Institute of Technology (IIT), Delhi |
|---|---|
| Educational Qualification | B. Tech in Computer Science |
Personal Life
| Religion | Hinduism |
|---|---|
| Hobbies | Reading, Watching Movies, Gaming, Coding |
Relationships & More
| Sexual Orientation | Straight |
|---|---|
| Marital Status | Married |
| Affairs/Girlfriends | Priya Bansal |
| Wife | Priya Bansal (Dentist) |
| Children | 1 |
Family
| Father | Name |
|---|---|
| Mother | Name |
| Siblings | 1 |
| Spouse | Priya Bansal |
| Children | 1 |
Career
| Worked at Amazon India before co-founding Flipkart | |
| Co-founded Flipkart in October 2007 as an online bookstore with initial capital of INR 4 lakh | |
| Served as CEO of Flipkart from 2007 to 2016 | |
| Served as Executive Chairman of Flipkart from 2016 to 2018 | |
| Flipkart was sold to Walmart in 2018 for over $20 billion | |
| Founded BACQ Acquisitions Private Limited in December 2018 for technology investments | |
| Co-founded and leads Navi Group, a financial services company | |
| Exited Flipkart in 2018 following Walmart acquisition of 77% stake for $16 billion; sold his 5.5% stake, netting over $1 billion | |
| Founded Navi Technologies in 2019 with personal investment of INR 2,500 crore; serves as Managing Director of Navi Group | |
| Stepped down as CEO of Navi Technologies Limited and Navi Finserv Limited to take on the role of Executive Chairman of the parent Navi Group |
Favourites
| Favourite Politician | Narendra Modi |
|---|
Social Media
| https://www.linkedin.com/in/sachinbansal |
Some Lesser Known Facts
| 1. Sachin and Binny Bansal are not brothers or distantly related. | |
| 2. Sachin Bansal had a brief stint at Techspan before moving to Amazon India. | |
| 3. They launched Flipkart with a joint investment of INR 5 lakh. | |
| 4. Flipkart pioneered 'Cash on Delivery' in the Indian eCommerce sector. | |
| 5. Sachin Bansal led as Flipkart's CEO for about 9 years until Binny Bansal assumed the role. | |
| 6. Forbes ranked Sachin Bansal as the 86th wealthiest individual in India in 2015. | |
| 7. In the early days, Sachin and Binny handled all operations themselves including coding, sourcing books, customer service, and deliveries. | |
| 8. Flipkart expanded from books to electronics, fashion, and household items, becoming India's number one online bookstore by 2010. | |
| 9. Since 2014, Sachin has invested in 18 early-stage startups including Ola Cabs (invested $100 million in 2019), Grey Orange, Ather Energy, SigTuple, Unacademy, and Terminus. |