Sachin Bansal - Net Worth, Age, Height, Birthday, Bio, Wiki!
Explore Sachin Bansal net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Sachin Bansal? Who is Sachin Bansal dating now & how much money does Sachin Bansal have?
| Name | Sachin Bansal |
| First Name | Sachin |
| Last Name | Bansal |
| Occupation | Businessman |
| Birthday | August 5 |
| Birth Year | 1981 |
| Place of Birth | Chandigarh |
| Home Town | |
| Birth Country | India |
| Birth Sign | Leo |
| Full/Birth Name | |
| Parents | Satya Prakash Agarwal, Kiran Bansal |
| Siblings | Not Available |
| Spouse | Priya Bansal |
| Children(s) | Not Available |
Sachin Bansal Biography
Sachin Bansal is one of the most popular and richest Businessman who was born on August 5, 1981 in Chandigarh, India.
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.
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.
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.
Sachin Bansal Net Worth
Net Worth: As of 2020, Sachin Bansal’s net worth is estimated to be approximately $1.2 billion. His wealth comes primarily from his stake in Flipkart, an e-commerce company which he co-founded in 2007. The exact value of his assets is difficult to determine, but they largely comprise of his shares in various businesses. His net worth puts him amongst the richest business persons in India, illustrating the lucrative nature of technology-based businesses.
Career and Financial Growth: Sachin Bansal started his career at Techspan and later Amazon Web Services before deciding to venture into entrepreneurship. His financial growth is directly linked to the success of his ventures. The start of Flipkart with an initial capital of just $5600 and its eventual rise to a valuation of $20.8 billion in 2018 underscores his incredible financial growth. After selling his stake in Flipkart to Walmart, Bansal has ventured into financial services as managing director of Navi Group.
Source of net worth: The bulk of Sachin Bansal’s wealth comes from Flipkart, which he successfully exited in 2018. Since then, he has continued to grow his portfolio with investments in startups like Ola, Grey Orange, Ather Energy, SigTuple, IN shorts, Unacademy and Terminus. His role as managing director of Navi Group also contributes to his net worth. While there are no details of endorsements or sponsorships, Bansal’s wealth is largely self-made and stems from his successful career as a businessman.
Personal Projects and Ventures: Outside his primary profession, Sachin Bansal has been active in the investment sector, backing numerous startups. He founded BACQ Acquisitions Private Limited in 2018, focused on building and acquiring tech-driven businesses. In 2019, he made a notable investment of $100 million in Ola Cabs.
Philanthropy: Like many successful businessmen, Sachin Bansal has given back to the community. However, at this point, details regarding his philanthropic efforts are not widely available.
Recent Developments: In the recent years, Bansal shifted his attention to Navi Technologies, a financial services company. He acquired the general insurance brand COCO in 2020 through Navi Technologies and continues to serve as its Managing Director. In March 2022, Navi Technologies has planned an INR 3350 crore IPO. This new venture signals a shift from e-commerce to financial services for Bansal, potentially leading to additional sources of wealth in the future.
| Net Worth | 1.2 billion USD (2020) |
| Salary | Under Review |
| Source of Income | Businessman |
| Cars | Not Available |
| House | Living in own house. |
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.
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.
Ethnicity, religion & political views
Many peoples want to know what is Sachin Bansal ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Sachin Bansal's ethnicity is Not Known. We will update Sachin Bansal's religion & political views in this article. Please check the article again after few days.
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.
Who is Sachin Bansal Dating?
According to our records, Sachin Bansal married to Priya Bansal. As of January 13, 2024, Sachin Bansal’s is not dating anyone.
Relationships Record: We have no records of past relationships for Sachin Bansal. You may help us to build the dating records for Sachin Bansal!Height, Weight & Body Measurements
Sachin Bansal height Not available right now. Sachin weight Not Known & body measurements will update soon.
| Height | Unknown |
| Weight | Not Known |
| Body Measurements | Under Review |
| Eye Color | Not Available |
| Hair Color | Not Available |
| Feet/Shoe Size | Not Available |
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.
Facts & Trivia
Sachin Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in India. Sachin Bansal celebrates birthday on August 5 of every year.
Is Sachin Bansal billionaire?
| Spouse(s) | Priya Bansal |
Is Sachin Bansal an IITian?
Bansal, who is an IITian himself, left his most successful venture Flipkart in 2018 to start Navi Technologies. As a founder of a company, Bansal is not limited to hiring students from just the top colleges and universities. The company was founded six months after Bansal stepped down as the CEO of Flipkart.
Who invented Flipkart?
Founders
Who owns Flipkart now?
Walmart
Who owned Amazon?
Jeff Bezos is an American entrepreneur who played a key role in the growth of e-commerce as the founder and chief executive officer of Amazon.com, an online retailer.
You may read full biography about Sachin Bansal from Wikipedia.
