Sachin Bansal Biography:  Personal History, Net Worth, Interesting Facts

Sachin Bansal is a famous Indian entrepreneur. He’s the co-founder of Flipkart. Flipkart, founded in 2007, is one of the biggest online stores of India. Sachin Bansal was born in Chandigarh in 1981. He has a B. Tech degree in Computer Science. He remained the CEO of Flipkart for 9 consecutive years from 2007-2016. In 2016 he left his position as the CEO and became the Executive Chairman. In 2018 he left Flipkart when a majority of its stake was bought by Walmart. He also co-founded a neobank called Nahi in 2019 which promises to provide financial support to the underprivileged people of the country. He is also the founder of BAC Acquisitions which has also invested in startups like Ola and others. He has been awarded many prestigious awards by Time, NDTV, Economics Times, etc. He has a loving wife and a son in his family. Read further to know more about the former CEO of Flipkart. 

 Personal History

• Name- Sachin Bansal
• Gender- Male
• Age- 43 years old (in 2023)
• Date of Birth- 5 August 1981
• Profession- Entrepreneur (Co-Founder of Flipkart)
• Nationality- Indian
• Birthplace- Chandigarh, India
• Education- B. Tech in Computer Science

Physical Statistics

• Body type- Average
• Height- 5’ 9”
• Hair Color- Black
• Eye Color- Black

Sachin Bansal Net Worth 

Sachin Bansal currently has a stunning net worth of $ 1.3 billion (Rs 1,06,20,05,10,000), according to Forbes. Here’s his net worth of the last 5 years :

Latest News About Sachin Bansal

Unknown Facts About Sachin Bansal

• The co-founders of Flipkart, The Bansals – Sachin Bansal and Binny Bansal are often assumed as brothers whereas in reality they’re ex colleagues and classmates. 
• Sachin Bansal and Binny Bansal were colleagues at Amazon where they previously worked. 
• Sachin Bansal  graduated with a B.Tech degree in Computer Science from IIT, Delhi and then he briefly worked for a firm, named Techspan.
• Sachin joined Amazon as a senior software engineer. 
• The Bansal duo invested Rs. 5 lakhs to start an online store i.e, Flipkart. 
• At the beginning, Sachin and Binny decided to launch a website where people could compare the prices of a certain product from different websites but the idea didn’t succeed because back then the idea of online shopping was not popular. Hence, finding numerous shopping websites was impossible. 
• Flipkart stood out as an e-commerce website as it gave the advantage of ‘Cash On Delivery’. 
• Flipkart started as an online bookstore and during the first days, the BNdal duo delivered books themselves on their scooty. 
• Sachin Bansal remained the CEO of Flipkart for 9 years straight. In 2016, Binny Bansal took charge of the position. 
• Sachin Bansal became the 86^th richest person in the country with a net worth of $ 1.3 billion by Forbes (2015) along with Binny Bansal. 
• Sachin was honored with the Economic Times “Entrepreneur of the Year” Award in 2012.
• In 2016, Sachin was listed under the the 100 Most Influential People by TIME.
• The duo of Sachin and Binny Bansal was ranked #26 on India Today’s 50 Most Powerful People of 2017 list.
• Sachin Bansal has also received the NDTV Indian Of The Year Award in 2016.
• The drinking and smoking habits of Sachin Bansal is not known. 

Conclusion 

The above written article provides much information about Sachin Bansal, a prominent face of entrepreneurship in India. He founded the largest e-commerce website Flipkart along with his friend Binny Bansal. They started from scratch by selling books online and delivering the orders by themselves. Sachin Bansal is a world known figure for his businesses and achievements. He has achieved multiple accolades for his successful entrepreneurship. Besides Flipkart, he also Co-founded Navi and founded BAC which kept boosting his career further. He’s an inspiring entrepreneur with a successful career which sets an unforgettable example for the youth. His contributions in the business field will be appreciated forever. 

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