Sachin Bansal is a prominent Indian entrepreneur, best known as the co-founder of Flipkart, one of India’s largest e-commerce platforms. Born on August 5, 1981, in Chandigarh, India, he graduated from the Indian Institute of Technology Delhi with a degree in computer engineering¹².
In 2007, Sachin Bansal, along with Binny Bansal (no relation), started Flipkart as an online bookstore. The company quickly expanded into various product categories and became a major player in the Indian e-commerce market. In 2018, Walmart acquired a 77% stake in Flipkart for $16 billion, and Sachin Bansal sold his stake in the company¹².
After exiting Flipkart, Sachin Bansal founded Navi Technologies, a financial services company, where he currently serves as the managing director¹².
After exiting Flipkart in 2018, Sachin Bansal founded Navi Technologies in December 2018. He aimed to create a technology-driven financial services company that could offer a range of products, including personal loans, home loans, health insurance, and mutual funds.
Sachin Bansal’s vision for Navi was to leverage technology to simplify and democratize financial services for the Indian population. The company focuses on providing easy access to financial products through a user-friendly mobile app, making it convenient for users to manage their finances.
Navi Technologies has grown rapidly, attracting significant investments and expanding its product offerings. Sachin Bansal’s experience and insights from building Flipkart have played a crucial role in shaping Navi’s growth and strategy.
