Sachin Bansal

$1.15 B

Ranked #3110 in World

About Sachin Bansal

Sachin Bansal, born in Chandigarh, India, on 5th August 1981, co-founded the e-commerce giant Flipkart in 2007, serving as its CEO and Chairman until his 2018 exit post the Walmart acquisition. A Computer Engineering graduate from IIT Delhi, Bansal ventured from an initial career at Techspan and Amazon to revolutionizing India's online shopping realm. Post-Flipkart, he delves into financial services as the Managing Director of Navi Group, expanding its innovation footprint with acquisitions like Maven Hive and COCO. Despite facing personal challenges, including domestic violence allegations which were eventually dismissed by the Supreme Court in 2022, Bansal's journey from tech visionary to finance innovator underscores his pivotal role in India’s startup ecosystem, highlighted by investments in Ola, Ather Energy, and more.

Born

August 05, 1981 in Chandigarh, India

Age

44 years

Source Of Wealth

Flipkart

Industries

Fashion & Retail

Citizenship

India

Residence

Bangalore

Education

Bachelor of Science in Engineering, Indian Institute of Technology

Spouse

Priya Bansal

Children

Sachin Bansal was born on August 5, 1981, in Chandigarh, India. He grew up in the city with his parents, a businessman father, and a homemaker mother. Sachin attended St. Anne's Convent School in Chandigarh and later pursued a degree in Computer Engineering at the prestigious Indian Institute of Technology Delhi, graduating in 2005.

Sachin Bansal: Family

Sachin Bansal is married to Priya Bansal Singh, a dentist by profession. The couple has one son together.

Sachin Bansal: Career Highlights

Sachin Bansal's career took a significant turn when he co-founded Flipkart in 2007 with Binny Bansal. Starting as an online bookstore, Flipkart expanded to various product categories and became one of India's leading e-commerce platforms. Sachin served as the Chief Executive Officer of Flipkart from its inception until 2016, overseeing all aspects of the business, including website development, sourcing, and delivery. He then transitioned to the role of Executive Chairman from 2016 to 2018.

After exiting Flipkart in 2018 following the Walmart deal, Sachin Bansal founded BACQ Acquisitions Private Limited, focusing on building and acquiring technology-driven businesses. He made 18 investments in local, early-stage startups, including a notable $100 million investment in Ola Cabs, securing a 0.37% stake in the company. Sachin's investment portfolio also includes Ola, Grey Orange, Ather Energy, SigTuple, IN shorts, Unacademy, and Terminus.

In December 2019, Sachin Bansal acquired Bengaluru-based technology consulting firm Maven Hive. He further expanded his ventures by acquiring the general insurance brand COCO through Navi Technologies in 2020. In April 2020, Sachin was announced as the Managing Director of Navi Technologies, a financial services company. Under his leadership, Navi Technologies raised 209 crore from Gaja Capital and filed a draft for an INR 3350 crore IPO on March 12, 2022.

Sachin Bansal: Companies

Flipkart
BACQ Acquisitions Private Limited
Maven Hive
Navi Technologies

Sachin Bansal: Major Achievements

Co-founded Flipkart, one of India's largest e-commerce platforms.

Served as CEO and Chairman of Flipkart during his 11-year tenure.
Led Flipkart's growth and expansion into various product categories.
Made significant investments in technology-driven businesses through BACQ Acquisitions Private Limited.
Acquired Maven Hive and COCO through Navi Technologies.
Currently serves as the Managing Director of Navi Technologies.

Sachin Bansal: Awards & Achievements

"Entrepreneur of the Year" by The Economic Times.
Ranked 86th richest person in India by Forbes India in 2015.
Included in Time Magazine's 100 most influential people in the world list in 2016.
Featured in India Today's 50 most powerful people in India list in 2017.

Sachin Bansal: Personal Life & Legacy

Sachin Bansal's personal life includes his marriage to Priya Bansal Singh and their son. He is known for his entrepreneurial spirit and contributions to the Indian e-commerce industry. Sachin Bansal's legacy lies in his role as a co-founder of Flipkart and his continued involvement in the technology and business sectors.

Sachin Bansal: Trivia

Sachin Bansal is an avid reader and enjoys books on a wide range of topics, including business, technology, and personal development.
He is passionate about fitness and regularly engages in physical activities such as running and cycling.
Sachin Bansal is known for his philanthropic efforts, supporting various educational and social causes.

Wealth History

Timeline

5th August 1981

Sachin Bansal was born in Chandigarh, India.

2005

Sachin Bansal completed a degree in Computer Engineering from the Indian Institute of Technology Delhi.

October 2007

Sachin Bansal co-founded Flipkart with Binny Bansal.

2016

Sachin Bansal stepped down as the Chief Executive Officer of Flipkart and became the Executive Chairman.

2018

Sachin Bansal exited Flipkart following the Walmart deal.

December 2018

Sachin Bansal founded BACQ Acquisitions Private Limited.

December 2019

Sachin Bansal acquired Bengaluru-based technology consulting firm Maven Hive.

2020

Sachin Bansal acquired the general insurance brand COCO through Navi Technologies.

April 2020

Sachin Bansal was announced as the Managing Director of Navi Technologies.

12th March 2022

Navi Technologies filed a draft for an INR 3350 crore IPO.

Sachin Bansal : FAQs

What is Sachin Bansal's current net worth?

Sachin Bansal's current net worth is $1.15 billion.

What is Sachin Bansal's current global rank among billionaires?

Sachin Bansal holds the 3110th position globally among billionaires.

What is Sachin Bansal's current ranking within the India?

Sachin Bansal holds the 199th position in India.

What was the change in Sachin Bansal's net worth compared to the previous year?

Sachin Bansal's net worth decreased by 51.07 million dollars compared to the previous year 2025, when his net worth was 1.20 billion dollars.

What are Sachin Bansal's main sources of wealth?

Sachin Bansal's main source of income comes from Flipkart.

In which industry does Sachin Bansal primarily operate?

Sachin Bansal is primarily involved in the Fashion & Retail industry.

What is Sachin Bansal educational background?

Sachin Bansal holds a Bachelor of Science in Engineering from Indian Institute of Technology.

How old is Sachin Bansal?

Sachin Bansal is 44 years old.

How many children does Sachin Bansal have?

Sachin Bansal has 1 children.

Who is Sachin Bansal and what is his role in the business world?

Sachin Bansal, born on 5th August 1981 in Chandigarh, India, is a prominent entrepreneur who co-founded Flipkart in 2007 and served as its CEO and Chairman for 11 years. Following his exit from Flipkart in 2018 after the Walmart deal, he became the Managing Director of Navi Group, focusing on financial services.

How did Sachin Bansal's career progress after leaving Flipkart?

After leaving Flipkart, Sachin Bansal founded BACQ Acquisitions Private Limited in December 2018 and shifted his focus towards building and investing in technology-driven businesses. He has made significant investments in several startups and became the Managing Director of Navi Technologies, acquiring firms and raising funds for growth.

What significant achievements and recognitions has Sachin Bansal received throughout his career?

Sachin Bansal has been recognized for his entrepreneurial success with several awards, including being named "Entrepreneur of the Year" by The Economic Times, featuring in Time Magazine's 100 most influential people list in 2016, and being ranked among the richest people in India by Forbes India in 2015.

What controversies has Sachin Bansal faced in his personal life, and what were the outcomes?

In his personal life, Sachin Bansal faced allegations of domestic violence from his wife, Priya Bansal, in March 2020. The case involved serious accusations, including physical and sexual assault. However, the complaint and FIR were quashed by the High Court of Karnataka in 2021, and a special leave petition filed in the Supreme Court was dismissed in 2022.