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| birth_date = {{Birth date and age|1981|08|05}} | | birth_date = {{Birth date and age|1981|08|05}} | ||
| birth_place = [[Chandigarh]], India | | birth_place = [[Chandigarh]], India | ||
| alma_mater = [[Indian Institute of Technology Delhi]] | | alma_mater = [[Indian Institute of Technology Delhi]] | ||
| occupation = Businessman | | occupation = Businessman | ||
| net_worth = [[United States dollar|US$]] 1.2 billion (January 2021)<ref name="auto8">{{cite news |last=Ganjoo |first=Shweta |date=May 10, 2018 |title=Flipkart-Walmart deal: Sachin Bansal gets over Rs 6700 crore and leaves company, Binny Bansal staying back |url=https://www.indiatoday.in/technology/news/story/flipkart-walmart-deal-sachin-bansal-earns-over-rs-6700-crore-and-leaves-company-binny-bansal-staying-back-1229434-2018-05-09 |work=India Today |location=New Delhi |access-date=April 8, 2019 }}</ref> | | net_worth = [[United States dollar|US$]] 1.2 billion (January 2021)<ref name="auto8">{{cite news |last=Ganjoo |first=Shweta |date=May 10, 2018 |title=Flipkart-Walmart deal: Sachin Bansal gets over Rs 6700 crore and leaves company, Binny Bansal staying back |url=https://www.indiatoday.in/technology/news/story/flipkart-walmart-deal-sachin-bansal-earns-over-rs-6700-crore-and-leaves-company-binny-bansal-staying-back-1229434-2018-05-09 |work=India Today |location=New Delhi |access-date=April 8, 2019 }}</ref> | ||
| known_for = Co-founder | | known_for = Co-founder and CEO [[Navi Group]]<br/> Co-founder and former CEO and chairman of [[Flipkart]] | ||
| title = | | title = | ||
| spouse = Priya Bansal | | spouse = Priya Bansal | ||
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}} | }} | ||
'''Sachin Bansal''' (born August 5, 1981) is an Indian | '''Sachin Bansal''' (born August 5, 1981) is an Indian entrepreneur.<ref>{{cite news |author=<!--Staff writer(s); no by-line.--> |title=ET Awards 2012-13: How IIT-alumnus Sachin Bansal built Flipkart into a big online brand | url=https://economictimes.indiatimes.com/news/company/corporate-trends/et-awards-2012-13-how-iit-alumnus-sachin-bansal-built-flipkart-into-a-big-online-brand/articleshow/23065635.cms |work=The Economic Times |agency=ET Bureau |date=September 26, 2013 |access-date=April 8, 2019}}</ref><ref name="auto2">{{cite web | date=October 6, 2014 |title= Sachin Bansal, Binny Bansal |url= https://www.cnbc.com/2014/10/06/sachin-bansal-binny-bansal.html |work=CNBC |access-date=April 8, 2019 }}</ref><ref>{{Cite web|title=Meet the 9 richest Indian tech billionaires|url=https://economictimes.indiatimes.com/people/meet-the-9-richest-indian-tech-billionaires/sachin-bansal/slideshow/52485526.cms|access-date=2020-09-29|website=The Economic Times}}</ref> He is best known as the co-founder of [[Flipkart]], that was acquired by [[Walmart]] (77 per cent stake) at $16 billion in 2018.<ref>{{cite news |last=Nair |first=Radhika |date=August 9, 2013 |title=Do not start alone, find a co-founder: Sachin Bansal, Flipkart |url=https://economictimes.indiatimes.com/opinion/interviews/do-not-start-alone-find-a-co-founder-sachin-bansal-flipkart/articleshow/21719426.cms |work=The Economic Times | access-date=April 8, 2019 }}</ref> During his over 11 year career at Flipkart, Bansal was [[Chief executive officer|CEO]] and chairman.<ref name="auto">{{cite news |date=May 9, 2018 |title=Walmart's $16 billion Flipkart deal creates two billionaires |url=https://www.livemint.com/Companies/F0neES2FfrPuk5FGP9IOMO/Walmarts-16-billion-Flipkart-deal-creates-two-billionaires.html |work=Mint | access-date=April 8, 2019 }}</ref> In 2018, Bansal exited Flipkart following the Walmart deal.<ref name="auto7">{{cite news | date=May 10, 2018 |title=Sachin Bansal quits Flipkart as Walmart wanted only one founder on board |url=https://economictimes.indiatimes.com/small-biz/startups/features/sachin-bansal-quits-flipkart-as-walmart-wanted-only-one-founder-on-board/articleshow/64103047.cms |work=The Economic Times |access-date=April 8, 2019 }}</ref> | ||
In 2007, Sachin Bansal and [[Binny Bansal]] (not related) founded Flipkart whose valuation in 2018 was $20.8 billion.<ref name="auto8"/> 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.<ref name="auto8"/> 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.<ref>{{cite news | author=<!--Staff writer(s); no by-line.--> | date=May 10, 2018 |title=Sachin Bansal Will Catch up on Gaming, Personal Projects After Leaving Flipkart |url=https://www.news18.com/news/business/sachin-bansal-will-catch-up-on-gaming-personal-projects-after-leaving-flipkart-1743685.html |work=News 18 | agency=PTI | access-date=April 8, 2019 }}</ref> Sachin Bansal is | In 2007, Sachin Bansal and [[Binny Bansal]] (not related) founded Flipkart whose valuation in 2018 was $20.8 billion.<ref name="auto8"/> 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.<ref name="auto8"/> 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.<ref>{{cite news | author=<!--Staff writer(s); no by-line.--> | date=May 10, 2018 |title=Sachin Bansal Will Catch up on Gaming, Personal Projects After Leaving Flipkart |url=https://www.news18.com/news/business/sachin-bansal-will-catch-up-on-gaming-personal-projects-after-leaving-flipkart-1743685.html |work=News 18 | agency=PTI | access-date=April 8, 2019 }}</ref> Sachin Bansal is now the managing director of [[Navi_Group]], a financial services company.<ref>https://www.linkedin.com/in/sachinbansal/</ref> | ||
==Early life== | ==Early life== | ||
Bansal was born in [[Chandigarh]], India, on August 5, 1981.<ref name="auto2"/> His father is a business man and mother, a homemaker.<ref name="auto1">{{cite web |title=Sachin Bansal – Life Story |url= http://cxopartners.in/sachin-bansal-life-story |work=CXO Partners | access-date=April 8, 2019 }}</ref> Bansal attended [[Indian Institute of Technology Delhi]] and completed a degree in [[ | Bansal was born in [[Chandigarh]], India, on August 5, 1981.<ref name="auto2"/> His father is a business man and mother, a homemaker.<ref name="auto1">{{cite web |title=Sachin Bansal – Life Story |url= http://cxopartners.in/sachin-bansal-life-story |work=CXO Partners | access-date=April 8, 2019 }}</ref> Bansal attended [[Indian Institute of Technology Delhi]] and completed a degree in [[computer engineering]] in 2005.<ref name="auto1"/> After graduation, Bansal worked at Techspan for a few months and later in 2006 he joined [[Amazon Web Services]] as a senior software engineer.<ref>{{cite web |url= http://cxopartners.in/sachin-bansal-life-story |title=Sachin Bansal – Life Story |website=CXO Partners | access-date=April 8, 2019 }}</ref> In 2007, Bansal quit Amazon to start his own venture. | ||
==Flipkart== | ==Flipkart== | ||